For anyone concerned about CBIT using 21.6 BTC to repay debt ,that was done when BTC was ~$118.5K USD. With Sept potentially bringing BTC closer to $100K, it looks even smarter: debt-free at the top, and now optionality to re-accumulate at lower levels.
Someone had a buy order for 2M shares of CBIT at 6c and 1.2M have already been filled. Last couple of days, no buying happening at 6.5c. Not sure if 6c will hold or if the price will dip even further. Feeling uncertain about whether to sell now or wait it out.
Not to jinx it⦠but Iām honestly impressed with how $CBIT is holding strong despite a slight BTC dip.
Usually, moves like this pull it down ā but not this time.
Feels like a bullish setup brewing.
A 4xā5x move in the next couple months doesnāt seem far-fetched.
2.1M volume today and price barely moved. Thatās not weakness, thatās suppression with purpose.
Someoneās absorbing buys without letting price break out.
This is the shakeout before the breakout.
š Watch 0.075+ for liftoff.
$IREN just crossed $20 ā and this is only the beginning. š¢
The bull cycle isnāt peaking ā itās just getting started.
Bitcoinās nowhere near ATH.
Hashprice is climbing.
Miners are waking up.
Stay sharp.
Hey CBIT fam ā could this finally be the week? š§
Last 2 weeks were quietly massive:
ā New CEO (Joel Block)
ā Debt-free (paid off with BTC collateral)
Clean slate. Fresh leadership. No baggage.
Cathedraās house is officially in order.
What do you think ā is CBIT ready to move?
Joel Block just took the wheel at Cathedra Bitcoin. Who is he? Why does it matter? I broke it all down - this move could blast CBIT way past limits that we were imagining for this BTC cycle. Buckle up.
medium.com/@bhavesh.shahdā¦
Share your thoughts.
Bitcoin just smashed through $117K š ā and Iām hell bullish on Cathedra Bitcoin $CBIT. Volumeās still low to decent, but once management drops that one real update⦠this thing isnāt just flying ā itās 2x, 3x, 4x moon fuel. š„ Strap in. #CBIT#Bitcoin#BTC
$CBIT fam ā BTC has finally broken past 109K. This is the moment.
If we want to ride the next 3ā6 month wave with strength, MANAGEMENT must step up now.
Small or big ā any comms help.
Weāve trusted you. Time to act, not wait.
Let the world see weāre alive.
This comparison says it all.
š CBIT: ~$0.07 CADā already mining, already holding ~52 BTC (~45% of market cap).
ā ļø ECDA: ~$0.28 USD ā no BTC yet, high dilution risk, $500M facility to maybe buy BTC.
š CBIT is clearly underrated ā real Bitcoin exposure, real assets, real upside.
This comparison says it all.
š CBIT: ~$0.07 CADā already mining, already holding ~52 BTC (~45% of market cap).
ā ļø ECDA: ~$0.28 USD ā no BTC yet, high dilution risk, $500M facility to maybe buy BTC.
š CBIT is clearly underrated ā real Bitcoin exposure, real assets, real upside.
Been getting some DMs saying CBIT is dead & not moving.
šItās not going to be easy right now.
š It needs to cross $0.10ā break its 1-year high ā before belief comes back.
š Many are watching, just waiting for upward momentum to jump in.
Patience. The setup is building.#CBIT
Cathedra fam ā this is the window!
Get in while you can ā whether itās $0.06, $0.07, or wherever you can secure your position. The real madness hasnāt even started. When it flies, itās going to fly multiple times over.
#CBIT#Bitcoin#Mining#BullRun#Cathedra
Finally seeing the start of real momentum for #CBIT Volume will be key from here to smash through resistances one by one. A humble request to management ā some solid news now would bring massive confidence + fresh eyes on the company. Letās rock this! š„ #CBIT
BTC hitting $110K is not the destination ā itās just the gateway.
The monk sees minor resistance at $112Kā¦
But beyond that?
The path clears toward $121K.
The journey higher has only begun.
š§āāļø ā The Macro Monk
#Bitcoin#Mining
@mikealfred $CBIT just pumped +25% in 2 hours ā now at 0.075.
The monk sees leverage in the move:
š Potential 5ā10x if momentum holds.
These prices may soon be history.
Hold steady. Donāt miss whatās next.
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