Cathedra Bitcoin Inc () (CBTTF)

CBTTF: Pursuant to a plan of arrangement between Cathedra Bitcoin Inc, Sphere 3D Corp. (the “Sphere”), and S3D Acquisition Corp, Sphere 3D Corp acquired all of the issued and outstanding shares of Cathedra. Holders of Cathedra subordinate voting shares received 0.123014 of a Sphere Common Share for each Cathedra subordinate voting share held.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Canadian Investment Regulatory Organization Trading Halt - CBITJune 1, 2026 9:36 AM
PR Newswire (Canada) VANCOUVER, BC, June 1, 2026 /CNW/ - The following issues have been halted by CIROCompany: Cathedra Bitcoin Inc.TSX-Venture Symbol: CBITAll Issues: YesReason: Pending DelistingHalt Time (ET): 9:27 AMCIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions Original: Canadian Investment Regulatory Organization Trading Halt - CBIT

Suspension de la négociation par l'Organisme canadien de réglementation des investissements - CBITJune 1, 2026 9:39 AM
PR Newswire (Canada) VANCOUVER, BC, le 1er juin 2026 /CNW/ - L'OCRI a suspendu la négociation des titres suivants :Société : Cathedra Bitcoin Inc.Symbole à la Bourse de croissance TSX : CBITLes titres : OuiMotif : En attente de radiationHeure de la suspension (HE) : 09 h 27L'OCRI peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable. L'OCRI est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.SOURCE L’Organisme canadien de règlementation des investissements (OCRI) - Arrêts/Reprises Original: Suspension de la négociation par l'Organisme canadien de réglementation des investissements - CBIT

Sphere 3D and Cathedra Bitcoin Announce Closing of Business CombinationJune 1, 2026 7:00 AM
NewsfileCombination creates a scaled data infrastructure platform with 53megawatts of operating capacity and a 100mw+ expansion pipeline; Combined company retains Sphere 3D's name and US listing (ANY)Toronto, Ontario and Stamford, Connecticut--(Newsfile Corp. - June 1, 2026) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere") and Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) ("Cathedra" and together with Sphere, the "Parties") today announced that they have completed the previously announced plan of arrangement (the "Transaction") pursuant to which Sphere acquired all of the issued and outstanding shares of Cathedra under the arrangement agreement entered into on March 5, 2026 (the "Agreement"), and Cathedra is now a wholly-owned subsidiary of Sphere (Sphere, together with Cathedra and their subsidiaries following completion of the Transaction, the "Combined Company"). The Transaction was completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The Transaction was approved at a special meeting of the securityholders of Cathedra and at a meeting of the shareholders of Sphere, and by the Supreme Court of British Columbia."Closing this combination marks a significant milestone for both companies and our shareholders," said Joel Block, Chief Executive Officer of the Combined Company. "We have integrated Cathedra's energy-centric infrastructure platform with Sphere's public-market presence and robust balance sheet to build a larger, more diversified enterprise with a clear growth trajectory. Together, we offer 53 MW of operational capacity, a pipeline exceeding 100 MW of potential expansion, and a NASDAQ-listed platform designed for scalability. We believe the Combined Company is strategically positioned to generate long-term value by seizing opportunities in high-performance computing and digital asset infrastructure."Strategic Rationale and Competitive AdvantagesThe Transaction is expected to deliver greater scale and an expanded US operating footprint, with the Combined Company owning and operating a portfolio of 53 megawatts ("MW") of power capacity across five data centers in Iowa, Kentucky, and Tennessee. This larger platform is also intended to lay a foundation for potential expansion into high-performance compute. With growing demand for compute-intensive workloads, the Combined Company intends to evaluate select opportunities in adjacent high-performance compute and AI infrastructure, leveraging existing power relationships and site capabilities to maximize returns on its power capacity. The expanded operating scale is expected to improve profitability by spreading fixed overhead costs over a larger revenue and asset base. The combination also diversifies the Combined Company's revenue streams across proprietary mining and hosting services. By integrating Sphere's updated mining machine fleet with Cathedra's data center operations and experience, the Combined Company gains exposure to mining economics while maintaining downside protection through fixed-margin hosting contracts with third parties. These strengths are paired with strong growth prospects supported by a scalable development model and access to capital: Cathedra's low-cost development model and infrastructure-first approach, coupled with Sphere's capital markets expertise, position the Combined Company to capitalize on a robust pipeline of over 100 MW of potential expansion opportunities and to further grow its portfolio of infrastructure assets.Over time, the Combined Company intends to maximize returns on power capacity by assessing the highest-value applications for its energy resources, including digital asset mining, AI model training, and other compute-intensive workloads that require reliable, cost-effective power at scale.The Combined Company's bitcoin mining operations and balance sheet include managed power capacity of 53 MW at five data centers across three U.S. states, comprising both data centers owned by the Combined Company and those leased from and/or operated by third parties, as well as 1.2 EH/s of installed proprietary mining hash rate across data centers owned by the Combined Company and third-party hosting providers.Board and ManagementUnderpinning these advantages is an experienced leadership team with a clear strategic vision and a deep expertise in digital asset mining, digital infrastructure, energy optimization, and capital markets. Joel Block has assumed the role of Chief Executive Officer of the Combined Company and joins the board of directors, bringing extensive experience in both private and public capital markets and in operating within the digital infrastructure and bitcoin mining arena. Kurt Kalbfleisch, previously Chief Executive Officer and Chief Financial Officer of Sphere, has maintained his role of Chief Financial Officer and joins the board of directors, contributing over two decades of executive leadership experience at multiple NASDAQ-listed companies. Tiah Reppas will continue her role as Chief Accounting Officer of the Combined Company, bringing over two decades of public accounting experience. Thomas Masiero will be Head of Strategy of the Combined Company, bringing significant experience in the development of power capacity and infrastructure.The board of directors comprises Tim Hanley, who serves as Chair, together with Marcus Dent, Kurt Kalbfleisch, Nicholas Gates, and Joel Block. Mr. Hanley, Mr. Dent, and Mr. Gates serve as independent directors, focused on robust governance, diverse strategic perspectives, and disciplined execution. Mr. Hanley is a seasoned global executive with significant audit committee and boardroom experience. He spent 17 years at Deloitte, where he led the firm's Global Consumer and Industrial Products practice and grew it to more than $14 billion in annual revenue, and he later served as Acting Keyes Dean of the College of Business at Marquette University. Marcus Dent, founder of TFTC.io and Managing Partner at Ten31, is a media personality and recognized thought leader in the digital assets industry. He previously served as Director of Business Development at Great American Mining, an early innovator in off-grid bitcoin mining using flared natural gas, and has served as a director of Cathedra since 2021. Nicholas Gates is Managing Director, Integrated Projects at Priority Power Management, an Arlington, Texas-based leader in energy management, procurement, and infrastructure development. He brings deep expertise in energy strategy, power procurement, and the development of large-scale power infrastructure.Additional Transaction DetailsAs a result of the Transaction, Cathedra security holders received common shares of Sphere (the "Sphere Common Shares") and/or securities exercisable or convertible into Sphere Common Shares. The Combined Company has retained Sphere's name and listing on NASDAQ under the symbol "ANY".Pursuant to the terms of the Agreement, Cathedra has amalgamated with S3D Acquisition Corp., a wholly owned subsidiary of Sphere formed to complete the Transaction. Holders of Cathedra subordinate voting shares ("Cathedra SV Shares") received 0.123014 of a Sphere Common Share for each Cathedra SV Share held (the "SV Exchange Ratio") and holders of Cathedra multiple voting shares ("Cathedra MV Shares") received 12.3014 Sphere Common Shares for each Cathedra MV Share held, which provided economically equivalent consideration for both classes of shares. Cathedra's outstanding warrants, stock options and certain restricted share units were exchanged for corresponding Sphere securities in accordance with the applicable exchange ratio. The remaining restricted share units fully vested immediately prior to closing, and the holders thereof received Sphere Common Shares in accordance with the SV Exchange Ratio. In addition, certain key Cathedra shareholders were subject to a 7% post-closing ownership cap, with any consideration that would have otherwise exceeded such cap received in a new series of Sphere non-voting preferred shares having equivalent economic value.The securities issued pursuant to the Transaction were not registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and were issued in reliance on the exemption from the registration requirements of the U.S. Securities Act provided by Section 3(a)(10) thereof and pursuant to similar exemptions from applicable state securities laws.Stock Exchange ListingThe Cathedra SV Shares are expected to be delisted from the TSX Venture Exchange and the OTCQB at the close of trading on June 2, 2026, and Cathedra intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations. The Sphere Common Shares will continue to trade on NASDAQ under the ticker "ANY". Further details regarding the Transaction are set out in the information circular of Cathedra and the proxy statement of Sphere, which are available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov, respectively.Inducement AwardIn connection with the commencement of his employment with the Combined Company, subject to the approval of the Compensation Committee of the Combined Company's board of directors and the Combined Company's board, Mr. Block shall be entitled to a one-time inducement equity award of an aggregate of 500,000 restricted stock units, which shall be settled in Sphere Common Shares, vesting, subject to Mr. Block's continued employment, bi-annually in four equal installments over a two-year period, with the first tranche vesting on the six-month anniversary of the grant date. Such inducement award is a material inducement to Mr. Block entering into employment with the Combined Company and will be granted in accordance with Nasdaq Rule 5635(c)(4). Advisors and CounselDumoulin Black LLP acted as Canadian legal counsel to Cathedra and Greenberg Traurig, LLP acted as U.S. legal counsel to Cathedra. Evans & Evans, Inc. was the fairness opinion provider to Cathedra on this transaction.Second Gate Advisory LLC acted as strategic advisor to Sphere, Meretsky Law Firm acted as Canadian legal counsel to Sphere and Pryor Cashman LLP acted as U.S. legal counsel to Sphere. Rosenblatt Securities was the fairness opinion provider to Sphere on this transaction.For further information, please contact:Joel Block, CEO, Sphere 3D Corp.
+1 (647) 952-5049
investor.relations@sphere3d.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking Statements DisclaimerThis news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities laws that are based on expectations, estimates and projections as at the date of this news release. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the U.S. Securities Act, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. The information in this release about future plans and objectives of the Combined Company, are forward-looking information. Other forward-looking information includes, but is not limited to, information concerning: the intentions and future actions of senior management, the intentions, plans and future actions of the Combined Company, as well as its ability to successfully mine digital currency; the anticipated timing for delisting of the Cathedra SV Shares from the TSX Venture Exchange and the OTCQB and submission of an application by Cathedra to cease to be a reporting issuer; revenue and capacity projections of the Combined Company; the expected benefits from the Transaction; the expected growth and capabilities of the Combined Company; the expected improved profitability and increased liquidity of the Combined Company; the construction and operation of expanded blockchain infrastructure as currently planned; the creation of long-term value for the shareholders of the Combined Company; planned growth, vertical integration and expansion into high-performance compute and AI infrastructure; projected reductions in power costs; expected operational, cost and procurement synergies; and the regulatory environment of cryptocurrency in applicable jurisdictions. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "targets", "estimates", "believes", "contemplates", "predicts", "potential", "continue" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "should", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.This forward-looking information is based on reasonable assumptions and estimates of management of the Combined Company at the time it was made, including, without limitation, the anticipated timing of the delisting of the Cathedra SV Shares from the TSX Venture Exchange and the OTCQB; the ability of the Combined Company to successfully integrate the businesses and realize anticipated synergies, cost savings and operational efficiencies; the accuracy of projected power costs, energy availability and hosting arrangements; the continued availability of low-cost and reliable power; the performance and deployment of mining equipment and infrastructure; the availability of growth capital on acceptable terms; the ability to execute expansion plans on schedule and within budget; market conditions for bitcoin mining and high-performance computing infrastructure; the price of bitcoin and other digital assets; network difficulty and hash rate conditions; regulatory and tax stability in applicable jurisdictions; general economic, financial and capital markets conditions; and that the Combined Company will have access to the financial and other resources required to carry out its business plans as currently anticipated.Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of the Combined Company and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect the Combined Company's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Combined Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Combined Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: the ultimate timing, outcome and results of integrating the operations of Sphere and Cathedra; the effects of the business combination of Sphere and Cathedra, including the Combined Company's future financial condition, results of operations, strategy and plans; the ability of the Combined Company to realize anticipated synergies in the timeframe expected or at all; changes in capital markets and the ability of the Combined Company to finance operations in the manner expected; the risk of changes in governmental regulations or enforcement practices; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; the risks and uncertainties associated with foreign markets; the volatility of bitcoin prices and other digital asset markets; changes in network difficulty, hash rate or mining economics; the availability, cost and reliability of power and energy infrastructure; the ability to secure additional power capacity or execute expansion projects on time and within budget; delays in delivery, installation or performance of mining equipment or other critical infrastructure; cybersecurity threats, technology failures or data center outages; counterparty risks relating to hosting clients, equipment suppliers or power providers; the availability and retention of key personnel; the ability to access debt or equity financing on acceptable terms; and risks related to competition in the bitcoin mining and high-performance computing industries.Additional factors that could cause results to differ materially from those described above can be found in Sphere's reports filed on Form 10-K, Form 10-Q and Form 8-K and in other filings made by Sphere with the SEC from time to time and available at www.sec.gov and available on Sphere's website at www.sphere3d.gcs-web.com under the "Financials" tab, and in Cathedra's management information circular dated April 2, 2026 available under Cathedra's issuer profile on SEDAR+ at www.sedarplus.ca and in other documents Cathedra files on SEDAR+.All forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither the Combined Company nor any of its subsidiaries assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by applicable securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Combined Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. Readers should not place undue reliance on forward-looking information.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299581 Original: Sphere 3D and Cathedra Bitcoin Announce Closing of Business Combination

Cathedra Bitcoin Receives Final Court Approval for Sphere 3D Combination; Transaction Expected to Close June 1, 2026May 26, 2026 7:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - May 26, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), further to the Company's news releases dated March 5, 2026, May 4, 2026 and May 15, 2026, today announced that it has obtained a final order (the "Final Order") from the Supreme Court of British Columbia approving the statutory plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere"). The Final Order represents the last major approval required to complete the Transaction.Cathedra securityholders approved the Transaction with 99.95% of votes cast in favor at the special meeting held on May 15, 2026; a level of support management views as a strong endorsement of the strategic rationale for the combination.The Transaction is expected to close on June 1, 2026, subject to the satisfaction or waiver of certain other customary closing conditions. The Company has applied to the TSX Venture Exchange (the "TSXV") to delist its subordinate voting shares from trading on the TSXV following the closing of the Transaction. Cathedra expects to request that trading in its subordinate voting shares be halted after market close on Friday, May 29, 2026.Further details regarding the Transaction are set out in the management information circular of Cathedra dated April 2, 2026, which is available on SEDAR+ (www.sedarplus.ca) under Cathedra's issuer profile.Upon closing, Cathedra will become a wholly-owned subsidiary of Sphere, and the combined company's shares will continue to trade on the Nasdaq Capital Market under the symbol "ANY." The combination brings together Cathedra's portfolio of owned and operated power infrastructure across the TVA service territory with Sphere's Nasdaq listing, capital markets access, and additional infrastructure assets in Iowa; positioning the combined company to pursue the scalable, modular deployment of compute infrastructure across North America. The combined company will be led by Joel Block as Chief Executive Officer and Kurt Kalbfleisch as Chief Financial Officer."Receiving the Final Order clears the path to completing a transaction that fundamentally repositions both companies for the next chapter of digital infrastructure," said Joel Block, Chief Executive Officer of Cathedra and incoming Chief Executive Officer of the combined company. "We are grateful for the overwhelming support of our securityholders. The combined company will operate a multi-region power infrastructure base and is led by a team built specifically for the structurally complex deals defining this cycle, with a long track record of building and growing businesses in dynamic and constantly changing environments. Our focus from day one is disciplined execution against an opportunity set that did not exist for either company independently."About Cathedra Bitcoin Inc.Cathedra develops and operates power and digital infrastructure assets across North America, with an energy-first strategy focused on low-cost power and operational efficiency. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF.For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.About Sphere 3D Corp.Sphere 3D Corp. (NASDAQ: ANY) operates digital infrastructure assets, including an operating site in Iowa, and is publicly traded on the Nasdaq Capital Market. Following the closing of the Transaction with Cathedra Bitcoin Inc., the combined company will operate a multi-region power infrastructure portfolio across the TVA service territory and the Midwest, with strategic focus on the deployment of modular compute infrastructure for AI, high-performance computing, and digital asset workloads. For more information, visit sphere3d.com.For media and investor relations enquiries, please contact:Joel Block
Chief Executive Officer
+1 (604) 259-0607
ir@cathedra.comForward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to: the closing of the Transaction, including the anticipated timing thereof and the delisting of the Company's subordinate voting shares from the TSXV; the composition of leadership and the board of the combined company; and the strategic direction and business plans of the combined company following closing.Such forward-looking statements are based on a number of factors and assumptions of management, including, without limitation: the Company's ability to satisfy the remaining terms and conditions precedent of the Transaction in order to consummate the Transaction; the ability of Cathedra and Sphere to complete the Transaction; the Company's ability to secure any remaining legal and regulatory approvals required to complete the Transaction; and the Company's ability to continue with its stated business objectives and obtain any other required approvals.Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of Cathedra and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Cathedra management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Cathedra believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: risks associated with the businesses of Sphere and Cathedra; risks related to the satisfaction or waiver of certain conditions to closing of the Transaction; non-completion of the Transaction; the failure of the Company to obtain all remaining regulatory approvals required for the Transaction; changes in the Company's relationships, including with regulatory bodies, employees, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; changes in market conditions impacting the average revenue per MWh; the risks and uncertainties associated with foreign markets; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and general market conditions. For further information concerning these risks and uncertainties and other risks and uncertainties, please see the Company's filings under the Company's SEDAR+ profile on www.sedarplus.ca, including but not limited to the Company's most recent interim and annual management discussion and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended and such changes could be material, including factors that are currently unknown to or deemed immaterial by the Company. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/298826 Original: Cathedra Bitcoin Receives Final Court Approval for Sphere 3D Combination; Transaction Expected to Close June 1, 2026

Cathedra Bitcoin Announces Securityholder Approval of Plan of ArrangementMay 15, 2026 5:00 PM
NewsfileToronto, Ontario--(Newsfile Corp. - May 15, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra") is pleased to announce that its securityholders have approved the special resolution (the "Special Resolution") authorizing the statutory plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere") at the special meeting of Securityholders (as defined below) held on May 15, 2026 (the "Meeting").Securityholder ApprovalAt the Meeting, the Special Resolution was approved overwhelmingly by (i) 99.95% of the votes cast by shareholders of Cathedra ("Shareholders") present in person or represented by proxy at the Meeting, and (ii) 99.95% of the votes cast by Shareholders and the holders of warrants, options and restricted share units (collectively, the "Securityholders") present in person or represented by proxy at the Meeting."We are very pleased to have received overwhelming support from our shareholders, marking an important milestone toward completing the Transaction with Sphere 3D," said Joel Block, Chief Executive Officer of Cathedra. "We continue to work closely with Sphere as we advance toward an expected closing on June 1, 2026, and we are excited about the future opportunities for the combined company as demand for scalable, power-optimized digital infrastructure continues to grow." Transaction Update The Transaction is expected to close on June 1, 2026, subject to, among other things, the Company obtaining a final order from the Supreme Court of British Columbia in respect of the Transaction (the "Final Order") and the satisfaction or waiver of certain other customary closing conditions. The hearing for the Final Order is scheduled to take place on May 25, 2026.Further details regarding the Transaction are set out in the management information circular of Cathedra dated April 2, 2026, which is available on SEDAR+ (www.sedarplus.ca) under Cathedra's issuer profile. About Cathedra Bitcoin Inc.Cathedra develops and operates power and digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data center, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF. For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.For media and investor relations enquiries, please contact:Joel Block
Chief Executive Officer
+1 (604) 259-0607
ir@cathedra.comForward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to: the closing of the Transaction, including the anticipated date of the Final Order and the demand for scalable, power-optimized digital infrastructure.Such forward-looking statements are based on a number of factors and assumptions of management, including, without limitation: the Company's ability to satisfy the terms and conditions precedent of the Transaction in order to consummate the Transaction; the ability of Cathedra and Sphere to complete the Transaction; the Company's ability to secure legal and regulatory approvals required to complete the Transaction; that the demand for scalable, power-optimized digital infrastructure will continue to grow; and the Company's ability to continue with its stated business objectives and obtain required approvals. Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of Cathedra and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Cathedra management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Cathedra believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: risks associated with the businesses of Sphere and Cathedra; risks related to the satisfaction or waiver of certain conditions to closing of the Transaction; non-completion of the Transaction; the failure of the Company to obtain all court and regulatory approvals required for the Transaction; changes in the Company's relationships, including with regulatory bodies, employees, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; changes in market conditions impacting the average revenue per MWh; the risks and uncertainties associated with foreign markets; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and general market conditions. For further information concerning these risks and uncertainties and other risks and uncertainties, please see the Company's filings under the Company's SEDAR+ profile on www.sedarplus.ca, including but not limited to the Company's most recent interim and annual management discussion and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended and such changes could be material, including factors that are currently unknown to or deemed immaterial by the Company. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297693 Original: Cathedra Bitcoin Announces Securityholder Approval of Plan of Arrangement

Cathedra Bitcoin Inc. Provides Additional Disclosure Regarding the Series I Preferred Shares Issuable in Connection with Its Plan of Arrangement with Sphere 3D Corp.May 4, 2026 9:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) ("Cathedra" or the "Company") is providing the following additional disclosure regarding the Series I preferred shares (the "Series I Preferred Shares") issuable in connection with its plan of arrangement (the "Transaction") with Sphere 3D Corp. ("Sphere") previously announced on March 5, 2026. This press release provides additional information to Cathedra shareholders regarding the process undertaken by the board of directors of Cathedra (the "Board") in reviewing and approving the consideration structure under the Transaction and provides additional context relating to the issuance of Series I Preferred Shares to certain shareholders.Background and Rationale for StructureAs disclosed in the Company's management information circular dated April 2, 2026 (the "Circular"), the requirement to issue Series I Preferred Share consideration to those Cathedra shareholders who would otherwise receive in excess of 7% of the shares of Sphere post-closing ("Sphere Common Shares"), was a requirement of Sphere to address shareholder concentration concerns. In evaluating the consideration structure, including the Series I Preferred Shares, the Board undertook a detailed review process, which included: consideration of the commercial rationale for the ownership cap and its importance to the overall viability of the Transaction; review of the terms and conditions of the Series I Preferred Shares, including their economic and governance characteristics; consideration of the longer-term economic implications of receiving Series I Preferred Shares relative to Sphere Common Shares; discussions with legal and financial advisors, including in connection with a fairness opinion obtained in respect of the Transaction; and evaluation of whether the structure resulted in any preferential or enhanced consideration to affected shareholders. Key Features of the Series I Preferred SharesIn its deliberations, the Board focused on several key features of the Series I Preferred Shares that distinguish them from Sphere Common Shares: Non-voting: The Series I Preferred Shares do not carry voting rights (other than limited class protections), whereas Sphere Common Shares are fully voting. This structure is designed to prevent new shareholders from acquiring disproportionate voting power immediately upon closing of the Transaction, thereby preserving an appropriate balance of governance control among the post-closing shareholder base.Restricted liquidity and staged conversion: The Series I Preferred Shares are subject to staged conversion over three years (33?%, 66?%, 100%), resulting in delayed liquidity compared to immediately tradable Sphere Common Shares. This graduated conversion schedule is intended to promote orderly trading and price stability in the Sphere Common Shares by preventing a sudden influx of tradable shares that could create downward pressure on share price and market volatility.Structural limitations: The Series I Preferred Shares are subject to limitations on conversion into Sphere Common Shares to ensure compliance with the rules of the Nasdaq Stock Market. In particular, absent shareholder approval, a holder of the Series I Preferred Shares may be precluded from converting such preferred shares into Sphere Common Shares if it would result in such holder exceeding certain maximum ownership thresholds under applicable Nasdaq rules. These limitations may delay or restrict a holder's ability to fully convert their Series I Preferred Shares into freely tradable Sphere Common Shares.Dividend: The Series I Preferred Shares carry an 8% annual dividend, payable in additional Series I Preferred Shares (a "PIK dividend"). In determining the fairness of this PIK dividend, the Board took into account that it does not provide current cash yield or liquidity and is payable in securities that are themselves subject to the same restrictions and staged conversion. The PIK dividend was included as a balancing mechanism to partially offset the economic disadvantages associated with the loss of voting rights and delayed liquidity. Importantly, the Board also considered that the dividend is not guaranteed. In particular, certain change of control or similar transactions may result in holders of Series I Preferred Shares foregoing the 8% dividend entirely. In such circumstances, the Series I Preferred Shares are treated in the same manner as Sphere Common Shares, and holders would not receive accrued or future PIK dividends.The Board also considered the fact that the Series I Preferred Shares will be issued in exchange for multiple voting shares of Cathedra, which carry enhanced voting rights (1.52 votes per share) relative to subordinate voting shares of Cathedra (1 vote per share), such that affected holders are relinquishing incremental voting power in exchange for non-voting securities. Board DeterminationAfter considering the foregoing, and in consultation with its advisors, the Board determined that: (i) the Series I Preferred Shares do not provide enhanced or preferential consideration; (ii) the structure reflects an equalization mechanism intended to approximate, but not exceed, the value of Sphere Common Shares; and (iii) and the overall consideration structure, including the issuance of Series I Preferred Shares, is fair to Cathedra shareholders. Additional InformationFurther details regarding the Transaction are set out in the Circular, available under Cathedra's profile on SEDAR+ at www.sedarplus.ca.About Cathedra Bitcoin Inc.Cathedra develops and operates power and digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF. For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at@CathedraBitcoin or on Telegram at @CathedraBitcoin.For media and investor relations enquiries, please contact:Joel Block
Chief Executive Officer
+1 (604) 259-0607
ir@cathedra.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295921 Original: Cathedra Bitcoin Inc. Provides Additional Disclosure Regarding the Series I Preferred Shares Issuable in Connection with Its Plan of Arrangement with Sphere 3D Corp.

Cathedra Bitcoin Announces Business UpdatesApril 8, 2026 5:00 PM
NewsfileToronto, Ontario--(Newsfile Corp. - April 8, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the "Company" or "Cathedra"), a developer and operator of power and digital infrastructure assets across North America, is pleased to announce the following corporate and operational updates. New Hosting Partnership The Company has entered into a new hosting agreement which is expected to establish a stable, long-term revenue stream, made possible by its strategy of building off-peak infrastructure to access some of the lowest energy prices in the industry. This agreement will utilize 80% of the 15 megawatt ("MW") capacity at the Shire site in Kentucky and is expected to represent roughly 25% of the Company's total hosting capacity. The agreement reflects Cathedra's off-peak energy strategy, which allows the Company to offer hosting services at competitive rates by optimizing power consumption around utility pricing schedules. The ability to deliver cost-effective hosting, even in periods of difficult mining economics that have pressured less disciplined operators, is what continues to attract quality hosting customers and support demand across Cathedra's sites.This agreement further diversifies Cathedra's hosting customer base and is expected to strengthen the recurring revenue profile that the Company has been building across its portfolio of sites. The addition of a new hosting relationship at the Shire site reflects continued demand for Cathedra's infrastructure and reinforces the Company's position as a premier hosting provider in the bitcoin mining industry.The timing of this agreement is particularly meaningful as the Company advances toward the closing of its previously announced business combination with Sphere 3D Corp. (NASDAQ: ANY). If completed, the combination is expected to create a next-generation high density computing power infrastructure company, bringing together Sphere's established capital markets access, including its Nasdaq listing, and efficient fleet of miners with Cathedra's robust energy portfolio and proven infrastructure development expertise. Entering the combination with a diversified hosting portfolio and a mix of steady third-party cash flows is expected to support the Combined Company's efforts to pursue scalable, high-efficiency operations across North America. For further information concerning proposed business combination with Sphere, please see the Company's filings under the Company's SEDAR+ profile on www.sedarplus.ca.About Cathedra Bitcoin Inc.Cathedra develops and operates power and digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own and third-party data center, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF. For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.For media and investor relations enquiries, please contact:Joel Block
Chief Executive Officer
+1 (604) 259-0607
ir@cathedra.comForward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to: the expected contribution of the new hosting agreement to the Company's revenue; the Company's off-peak energy strategy and its ability to attract hosting customers; the expected diversification and strengthening of the Company's hosting customer base and recurring revenue profile; and the anticipated completion of the business combination with Sphere and the expected benefits thereof.Such forward-looking statements are based on a number of factors and assumptions of management, including, without limitation: that the new hosting agreement will be performed in accordance with its terms; that there will be continued demand for hosting services in the bitcoin mining industry; that the business combination with Sphere will be completed on the terms announced, or at all; and that the Combined Company will realise the anticipated benefits of the business combination. Additionally, these forward-looking statements may be affected by risks and uncertainties in the business of Cathedra and general market conditions. Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Cathedra management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Cathedra believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed thereon, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking statements are the following: the new hosting agreement may not generate the expected revenue or may be terminated early; reduced demand for bitcoin mining hosting services; failure to complete the business combination with Sphere on the anticipated terms, or at all; changes in the Company's relationships, including with regulatory bodies, employees, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; changes in market conditions impacting the average revenue per MWh; the risks and uncertainties associated with foreign markets; the construction and operation of new facilities may not occur as currently planned, or at all; expansion of existing facilities may not materialize as currently anticipated, or at all; new miners may not perform up to expectations; revenue may not increase as currently anticipated, or at all; the ongoing ability to successfully mine Bitcoin is not assured; failure of the equipment upgrades to be installed and operated as planned; the availability of additional power may not occur as currently planned, or at all; and the power purchase agreements and economics thereof may not be as advantageous as expected. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and general market conditions. For further information concerning these risks and uncertainties and other risks and uncertainties, please see the Company's filings under the Company's SEDAR+ profile on www.sedarplus.ca, including but not limited to Company's most recent interim and annual management discussion and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended and such changes could be material, including factors that are currently unknown to or deemed immaterial by the Company. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291661
Original: Cathedra Bitcoin Announces Business Updates

Cathedra Bitcoin Announces Fourth Quarter and Full-Year 2025 Financial ResultsMarch 24, 2026 5:30 PM
NewsfileToronto, Ontario--(Newsfile Corp. - March 24, 2026) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (Block Height: 942,048) ("Cathedra", the "Company" or "we"), a developer and operator of power and digital infrastructure assets across North America, today announces our fourth quarter and full-year financial results for the fiscal year ended December 31, 2025: Fiscal Year 2025 Financial HighlightsTotal revenues for the year ended December 31, 2025, of C$21.2 million, compared to C$23.1 million for the year ended December 31, 2024.The Company recorded a net loss of C$9.7 million for the year ended December 31, 2025, compared to a net loss of C$0.1 million for the year ended December 31, 2024. Further details regarding the Company's financial results, including year-over-year changes, can be found in the Management's Discussion and Analysis for the year ended December 31, 2025, available on the Company's profile on SEDAR+.Fiscal Year 2025 Operational HighlightsOn March 5, 2026, the Company and Sphere 3D Corp. ("Sphere") entered into a definitive agreement to combine in an all-stock transaction. Under the terms of the definitive arrangement agreement, Sphere agreed to acquire all of the issued and outstanding shares of Cathedra (the "Transaction"), subject to customary closing conditions, including regulatory, court, and shareholder approvals, such that upon consummation of the Transaction, Cathedra will be a wholly-owned subsidiary of Sphere. Upon completion of the Transaction, Cathedra security holders will receive common shares of Sphere (the "Sphere Common Shares") and/or securities exercisable or convertible into Sphere Common Shares totaling approximately 49% of the issued and outstanding share capital of Sphere immediately following closing on a partially diluted basis.On July 10, 2025, we appointed Joel Block as Chief Executive Officer and Chairman of the Board of Directors. Concurrently, Antonin Scalia (former CEO) and Thomas Armstrong (former President and COO) resigned from their executive and Board roles but remained as advisors during a transition period.The Company completed a 30:1 consolidation of its issued and outstanding subordinate voting shares and multiple voting shares, with a record date of October 14, 2025, to streamline the Company's capital structure.In late October 2025, the Company completed the construction of a new 15-megawatt (MW) data center, in close proximity to an existing 10MW site.The Company cancelled two of its smaller proprietary mining data center leases on October 31 and December 31, 2025 in the state of Washington.The Company continued to advance its pipeline of prospective sites, reinforcing its commitment to expanding its bitcoin mining and hosting infrastructure.Management CommentaryJoel Block, CEO of Cathedra, stated: "Throughout 2025, the Company made important moves to reinforce its operations and prepare for future growth. These actions laid the groundwork for the announced combination with Sphere 3D, which, if completed, is expected to increase Cathedra's operational reach and open up new strategic possibilities in the ensuing year."About Cathedra Cathedra develops and operates power and digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of four data centers (45 MW total) in Tennessee and Kentucky. Cathedra also operates a fleet of proprietary bitcoin mining machines at its own data center, producing approximately 400 PH/s of hash rate. Cathedra is headquartered in Vancouver and its subordinate voting shares trade on the TSX Venture Exchange under the symbol CBIT and in the OTC market under the symbol CBTTF.For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin.Media and Investor Relations InquiriesPlease contact:Joel Block
Chief Executive Officer
ir@cathedra.comCautionary StatementTrading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Forward-Looking StatementsThis press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). The forward-looking statements herein are made as of the date of this press release only, and the Company does not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to: the expected completion, timing and anticipated benefits of the Transaction, including the expected ownership percentages of Cathedra security holders following closing; the Company's plans to advance its pipeline of prospective sites; the Company's expectation that the Transaction, if completed, will increase its operational capacity and create additional strategic opportunities; and the Company's general business plans and objectives.Such forward-looking statements are based on a number of factors and assumptions of management, including, without limitation: the satisfaction of all conditions precedent to the completion of the Transaction, including receipt of all required regulatory, court, and shareholder approvals; general business and economic conditions; currency exchange rates remaining consistent with current levels; and that no significant events will occur outside the Company's normal course of business.Additionally, forward-looking statements involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: an inability to successfully complete or integrate the Transaction with Sphere on favourable terms or at all; a failure to realize the expected benefits of the Transaction; the risks of an increase in the Company's electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which the Company operates and the potential adverse impact on the Company's profitability; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; future capital needs and the ability to complete current and future financings, as well as capital market conditions in general; volatile securities markets impacting security pricing unrelated to operating performance; historical prices of digital currencies and the ability to mine digital currencies consistent with historical prices; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws and regulations both locally and in foreign jurisdictions; compliance with extensive government regulation and the costs associated with compliance; unanticipated costs; changes in market conditions impacting the average revenue per MWh; and the risks and uncertainties associated with foreign markets. Additionally, the forward-looking statements contained herein may be affected by risks and uncertainties in the business of Cathedra and general market conditions. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended and such changes could be material. Readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289782
Original: Cathedra Bitcoin Announces Fourth Quarter and Full-Year 2025 Financial Results

Upcoming Meeting Dates - March 23, 2026March 23, 2026 12:00 AM
NewsfileToronto, Ontario--(Newsfile Corp. - March 23, 2026) - The following is a list of Upcoming Meeting Dates announced this week for Reporting Issuers in Canada. The data is supplied by Issuing Companies through the service of CDS Clearing and Depository Services Inc.CompanyRecord DateMeeting DateType Aecon Group Inc April 9, 2026June 1, 2026AG  Argyle Resources Corp. April 7, 2026May 12, 2026AS  B2Gold Corp. *April 13, 2026June 4, 2026AGS Ballard Power Systems Inc. April 6, 2026June 3, 2026A  Big Rock Brewery Inc. April 10, 2026May 20, 2026A  Black Pearl Resources Corp. March 18, 2026April 9, 2026S  CATHEDRA BITCOIN INC. March 25, 2026May 15, 2026S  COSCIENS Biopharma Inc. %March 3, 2026April 7, 2026S  CULT Food Science Corp. %February 19, 2026April 6, 2026AS  Cambria Gold Mines Inc April 10, 2026May 27, 2026AGS Canso Select OpportunitiesCorpApril 7, 2026May 26, 2026A  CareRx Corporation April 8, 2026May 28, 2026AG  Cascades Inc. March 25, 2026May 8, 2026AG  AGF China Focus Class April 2, 2026May 14, 2026S  Centaurus Energy Inc. April 10, 2026May 25, 2026A  Cloud3 Ventures Inc. *March 4, 2026April 16, 2026S  DATA Communications ManagementApril 6, 2026May 21, 2026AGS DiagnosTear Technologies Inc. *March 16, 2026May 7, 2026A  Dream Impact Trust April 10, 2026June 3, 2026AG  Dream Industrial REIT April 10, 2026June 3, 2026AS  Dream Office REIT April 10, 2026June 3, 2026AG  Dream Unlimited Corp. April 10, 2026June 3, 2026AG  Endeavour Silver Corp April 10, 2026June 2, 2026AG  Euromax Resources Ltd April 15, 2026May 22, 2026AG  Everybody Loves Languages Corp*January 27, 2026March 26, 2026AGS NCM Core international April 2, 2026May 15, 2026S  Canadian Net REIT April 6, 2026May 26, 2026A  GRANDE PORTAGE RESOURECES INC April 10, 2026May 15, 2026A  Gold Strike Resources Inc. March 24, 2026April 30, 2026S  Granite REIT April 9, 2026June 4, 2026A  MTY Food Group Inc April 7, 2026May 20, 2026AG  Highwood Asset Management Ltd.April 6, 2026May 21, 2026AS  INTL Tower Hill Mines Ltd April 8, 2026May 27, 2026AG  KITS Eyecare Ltd. April 16, 2026June 3, 2026AG  Kaymus Resources Inc. April 10, 2026May 22, 2026AGS LI-FT POWER LTD April 7, 2026May 15, 2026A  Dorel Industries Inc. April 7, 2026May 20, 2026AG  LunR Royalties Corp. April 7, 2026May 21, 2026AGS Luxxfolio Holdings Inc. April 7, 2026May 12, 2026A  MARIMED INC. April 10, 2026June 4, 2026A  Mercer Park Opportunities Corp*February 27, 2026April 14, 2026S  MineHub Technologies Inc. April 10, 2026May 25, 2026A  Morien Resources Corp April 8, 2026May 13, 2026AGS Norse Gold Corp April 7, 2026May 13, 2026AS  Northland Power Inc. April 6, 2026May 20, 2026AG  Osisko Metals Incorporated April 7, 2026May 28, 2026A  P2 Gold Inc. April 9, 2026May 27, 2026AS  Parkit Enterprise Inc. April 8, 2026May 21, 2026AGS Perpetua Resources Corp. April 8, 2026June 4, 2026AG  PesoRama Inc. April 6, 2026May 7, 2026AS  Petrus Resources Ltd. April 6, 2026May 21, 2026A  Pinetree Capital Ltd. April 8, 2026May 28, 2026A  NCM Global Eq Balanced PortfolioApril 2, 2026May 15, 2026S  NCM Global Inc Bal Portfolio April 2, 2026May 15, 2026S  Profound Medical Corp. April 2, 2026May 13, 2026AGS Purepoint Uranium Group Inc. April 15, 2026June 4, 2026AS  Rua Gold Inc. April 8, 2026May 28, 2026AGS SAVANNA CAPITAL CORP. April 13, 2026May 21, 2026AGS STLLR GOLD INC April 9, 2026May 27, 2026A  Saturn Oil & Gas Inc. April 6, 2026May 21, 2026AS  Seabridge Gold Inc. March 30, 2026May 22, 2026S  Sierra Madre Gold and Silver Ltd.March 24, 2026April 28, 2026S  Stampede Drilling Inc. April 7, 2026May 14, 2026A  StorageVault Canada Inc. April 7, 2026May 21, 2026AG  Swiss Water Decaffeinated CoffeeApril 13, 2026May 21, 2026AGS TSODILO RESOURCES LIMITED April 17, 2026May 29, 2026AG  TerrAscend Corp. April 13, 2026June 9, 2026A  The Westaim Corporation April 9, 2026May 19, 2026AGS Tidewater Midstream And InfrastructureApril 6, 2026May 26, 2026AG  Tidewater Renewables Ltd. April 6, 2026May 26, 2026AG  Tincorp Metals Inc. April 1, 2026May 5, 2026AS  Trojan Gold Inc. April 6, 2026May 11, 2026AS  Valory Resources Inc. April 13, 2026June 2, 2026AG  Ventripoint Diagnostics Ltd April 8, 2026May 27, 2026AS  Vireo Growth Inc. April 7, 2026May 29, 2026AS  Vox Royalty Corp. April 10, 2026May 27, 2026AS  Legend:* = Change in Previously Reported Information
% = Cancelled Meeting
@ = Adjourned MeetingType of MeetingA = Annual Meeting
S = Special Meeting
G = General Meeting
B = Bondholder Meeting
C = Court Meeting For more information, please visit https://www.cds.ca/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289185
Original: Upcoming Meeting Dates - March 23, 2026

Happens

CBTTF Bitcoin miners have been running. This one is still near bottom and under the radar so far. Let's see what happened 

NEW: Cathedra Bitcoin Merges! With Drew Armstrong, Tom Masiero & Marty Bent

NEW: Cathedra Bitcoin Merges! With Drew Armstrong, Tom Masiero & Marty Bent@_drewarmstrong_ @MartyBent @FarmahTomhttps://t.co/BlB9QPbEJq https://t.co/4s7rUXGbdI— The Mining Pod (@theMiningPod) March 8, 2024

https://cathedra.com/news/news/

Interesting company I’m interested!

Testing Rover 1 pic.twitter.com/AjhmlVW2Bs— Cathedra Bitcoin (@CathedraBitcoin) June 3, 2022

Thanks for the info! Any further news on Cathedra? They’ve assembled a very impressive team. Surprised they are getting more attention

Cathedra Bitcoin Inc. MEET THE TEAM Directors includes the founding CFO of PayPal and SVP of Silicon Valley Bank

Cathedra Bitcoin Inc. Team: https://www.cathedra.com/about/team
These guys look like they got the plan figured out successfully.

https://www.cathedra.com/about/cathedra-overview
MEET THE TEAM

Upcoming chaos within the currency world will lead to small market incentives for mutual agreement(s) on Bitcoin to arbitrate transactions, in my opinion.

FRTTF changed to CBTTF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

92.4% of Chathedra shares held with Private Placement Investors, Founders, Officers, Directors, and Advisors, Friends and Family.

https://www.cathedra.com/investors

(Quite a BIT of incentive for the company to be a success.)

Bitcoin Mining in United States. Pretty website: https://www.cathedra.com

Cathedra Bitcoin Inc. (TSX-V: CBIT) is a Bitcoin company that develops and operates world-class bitcoin mining infrastructure.

Cathedra believes sound money and cheap, abundant energy are the fundamental ingredients to human progress, and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. Today, Cathedra owns 177 PH/s across various sites around the United States and expects to deploy an additional 18 PH/s and 534 PH/s in Q4 2021 and 2022, respectively. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 729 PH/s. The Company is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

MEET THE TEAM (*these guys look sharp ^my notation)

AJ Scalia
CHIEF EXECUTIVE OFFICER
Antonin "AJ" Scalia joins Cathedra from Galaxy Digital, a diversified financial services firm dedicated to the digital assets sector. While at Galaxy, AJ held various roles across the firm’s investment banking and principal investments divisions. He was also a founding member of Galaxy’s bitcoin mining business, which built out the firm's proprietary mining operation and offers financial services to North American bitcoin miners.

Prior to joining Galaxy, AJ began his career in J.P. Morgan’s technology investment banking group, advising on mergers and acquisitions and raising capital for large-cap technology companies.

AJ holds a BBA in Finance from the College of William and Mary.
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Drew Armstrong
PRESIDENT & CHIEF OPERATING OFFICER
Thomas "Drew" Armstrong also joins Cathedra from Galaxy Digital. He was a founding member of Galaxy's bitcoin mining team and helped build out Galaxy's mining equipment finance ("MiFi") product. Drew also worked in the firm's investment banking and principal investments divisions.

Prior to joining Galaxy, Drew began his career at Barclays' investment bank, where he focused on the origination of esoteric securitized products, such as data center securitizations and collateralized fund obligations.

Drew holds BAs in Economics and Philosophy from the University of Chicago.
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Sean Ty
CHIEF FINANCIAL OFFICER
Mr. Ty has over 8 years of experience in both public and private companies across a broad range of industries including cannabis, blockchain and junior exploration companies. He is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Science degree and a Diploma in Accounting from the University of British Columbia. Mr. Ty has been a principal of Ty Consulting Inc., a firm providing corporate accounting services to Canadian public and private companies, since October 2016. He has previously served as the Interim Chief Financial Officer of a publicly-listed cannabis company. He was previously an assurance manager at Ernst & Young.
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https://www.cathedra.com

What's the real potential, here?

Effective Dec. 10,2021 Fortress Technologies Inc. will change to Cathedra Bitcoin Inc.

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Crypto surge coming here