Cathedra Bitcoin announces partial debt settlement and bond extension
Cathedra Bitcoin, a Bitcoin mining company, announced that it has settled some of its outstanding principal and repaid 2,000,000 Canadian dollars. As of the date of the agreement, the total outstanding principal of the bond is equal to 5,733,728 Canadian dollars. In addition, the maturity date of the remaining principal has been extended by an additional 12 months to November 11, 2025. The bond has not undergone any other changes, and the company will continue to pay quarterly interest at an annual interest rate of 3.5% based on the remaining principal balance until the extended maturity date, at which time the remaining principal will be fully due.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Queen Ruja Ignatova May Be Hiding in Russia
Investor Develops Mood-Based Memcoin DIME
Memcoin Dogecoin Surpasses Porsche in Market Capitalization
Wall Street Prepares Santa Pump to Drive Bitcoin Price to $125,000