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Cathedra Bitcoin Announces Employment Agreement with Joel Block as Chief Executive Officer and Grant of Restricted Share Units
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Cathedra Bitcoin Inc. (TSXV:...
About this update from Cathedra Bitcoin Inc
[{"type":"text","content":"Cathedra Bitcoin Announces Employment Agreement with Joel Block as Chief Executive Officer and Grant of Restricted Share UnitsVancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF) (the \"Company\" or \"Cathedra\"), a company that develops and operates digital infrastructure assets, today announced that it has entered into an employment agreement (the \"Employment Agreement\") with Joel Block to continue serving as Chief Executive Officer, replacing the existing consulting agreement that was entered into between the parties on Mr. Block's appointment. In accordance with the Employment Agreement, Mr. Block was granted 43,427,522 restricted share units (\"RSUs\"), redeemable for subordinate voting shares of the Company. The RSUs were granted pursuant to the long-term incentive plan of the Company, and will vest in equal portions on the first, second and third anniversaries of the grant date, respectively. The RSUs are subject to all applicable securities laws and the approval of the TSX Venture Exchange, as required.About Cathedra Bitcoin Inc.Cathedra develops and operates digital infrastructure assets across North America. The Company hosts bitcoin mining clients across its portfolio of three data centers (30 megawatts total) in Tennessee and Kentucky and recently developed and sold a 60-megawatt data center in North Dakota, a joint venture in which Cathedra held a minority interest. 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 X at @CathedraBitcoin or on Telegram at @CathedraBitcoin.For media and investor relations enquiries, please contact:Joel BlockChief Executive Officer+1 (604) [email protected] Looking StatementsThis news release contains certain \"forward-looking information\" and \"forward-looking statements\" within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. Forward-looking...