Total revenues for the three months ended September 30, 2024, of C$5.9 million, compared C$4.9 million during the three months ended September 30, 2023, an increase of 20%.

Entered into multiple new profit-sharing agreements with institutional hosting clients, with the intent of increasing Cathedra’s exposure to bitcoin in a rising hash price environment. Among these agreements is a new partnership with Compass Mining (“Compass”), whereby Cathedra hosts 10 megawatts of Compass’s bitcoin mining machines at one of its data centers in Kentucky. Under the agreement, Compass pays pass-through power costs plus 50% of net profits (defined as net mining revenue less cost of power) to Cathedra. Cathedra and Compass share the intent of expanding this partnership beyond the initial 10 megawatts to future sites.

Subsequent to quarter-end, Cathedra’s shares resumed trading on the OTCQB Venture Market under the ticker CBTTF. Cathedra also continues its preparations to list its shares on a major U.S. stock exchange, which it hopes to achieve in early 2025.

Cathedra holds approximately C$0.2 million of cash and C$6.5 million of bitcoin (48.1 bitcoin) for total liquidity of C$6.7 million as of November 27, 2024.