WSJ: Mining Company Cathedra Bitcoin Announces Completion of Stock Merger

BlockBeats News, October 16th, according to The Wall Street Journal report, Cathedra Bitcoin Inc., a Bitcoin company focusing on the development and operation of digital infrastructure assets, announced that it has completed the previously announced 30:1 consolidation of the company's issued and outstanding subordinate voting shares and multiple voting shares.

The record date for the share consolidation is October 14, 2025, and it has officially taken effect. Under this consolidation, every 30 shares of the company's issued and outstanding subordinate voting shares or multiple voting shares have been consolidated into 1 share of the corresponding new class. No fractional shares will be issued. If fractional shares result from the consolidation, they will be rounded down to the nearest whole number of shares.

This share consolidation treats all shareholders equally and will not change any shareholder's proportionate ownership interest in the company unless rounding fractional shares results in a minimal loss of shares for some shareholders.