Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data centers instead.
Cathedra Bitcoin will pivot away from Bitcoin mining to providing general data center services and buying Bitcoin on the open market instead, the company said.
Cathedra cited unpredictable profit margins as a cause for the shift.
It was Michael Saylor whose MicroStrategy...