Cathedra Bitcoin Review
Publicly traded Bitcoin mining infrastructure company operating industrial-scale data centers across North America.
Why We Recommend Cathedra Bitcoin
Cathedra Bitcoin stands out as one of the few publicly traded Bitcoin mining infrastructure companies that combines facility development, hosting services, and direct Bitcoin accumulation on its balance sheet. The company operates approximately 30 MW of power capacity across sites in Tennessee and Kentucky, with demonstrated ability to develop larger projects like the 60 MW North Dakota facility it built and subsequently sold. This vertically integrated approach—building, operating, and sometimes selling data centers—creates multiple revenue streams while maintaining exposure to Bitcoin's upside.
As a TSX Venture Exchange (CBIT) and OTCQB (CBTTF) listed company, Cathedra provides the transparency that comes with regulatory disclosure requirements, including regular financial statements and management discussion documents accessible through their investor portal. The company has explicitly adopted a "per-share Bitcoin" accumulation strategy similar to MicroStrategy's approach, giving investors clear metrics to track execution. With an operational track record spanning multiple industrial-scale facilities and approximately 95 MW of expected capacity following merger activity, Cathedra has proven it can execute on large infrastructure projects in the competitive North American mining landscape.
Best For
Cathedra is built for institutional mining clients and large-scale operators who need megawatt-level hosting capacity without the capital expenditure and operational complexity of building their own facilities. If you're running a mining operation that needs tens of megawatts of reliable power in North American jurisdictions with established regulatory frameworks, Cathedra's Tennessee and Kentucky sites offer turnkey infrastructure with experienced operations teams.
For equity investors, Cathedra provides an alternative way to gain Bitcoin exposure through a company that explicitly measures success by Bitcoin accumulated per share rather than traditional mining metrics alone. This appeals to those who want exposure to Bitcoin's price appreciation combined with the operational leverage of mining infrastructure, all within a publicly traded vehicle that offers liquidity and regulatory oversight.
The company is less suitable for individual miners or small operations—there's no self-serve platform or retail pricing. Everything is negotiated at the enterprise level, meaning prospective clients should expect a sales conversation rather than a shopping cart checkout.
Services & Features
Considerations
This is not a consumer platform—services require enterprise-level negotiations with no published pricing or standard SLAs. Economics are highly sensitive to Bitcoin price swings, network difficulty changes, and power costs, creating significant volatility for both hosting clients and shareholders.