Cathedra Bitcoin Announces Equity Compensation Grants

TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Cathedra Bitcoin Inc. (TSX-V: CBIT) (“Cathedra” or the “Company”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, announces that it has granted to employees of the Company 2,361,732 restricted share units (the “RSUs”), and 266,523 options to acquire common shares of the Company (the “Options”) under the Company’s long term incentive plan (the “LTIP”). The Options have an exercise price of C$0.43 per share, being the price of the Company’s shares at the close of trading on January 26, 2022. The Options and RSUs are subject to vesting conditions.

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