News list for " its seven years"

Cathedra Bitcoin, the Canadian bitcoin miner, is shutting down its seven-year-old mining operation in favour of a new strategy: buying as many bitcoins as possible on the open market, as MicroStrategy has done. In its "Bitcoin Financial Strategy Memorandum" on September 16, Cathedra explained that its new plan would move "all capital allocation decisions" towards maximising the company's per-share bitcoin reserves - what many of its largest shareholders consider "the most important" metric. With...

2024-09-17 09:25:58