WSJ: Mining company Cathedra Bitcoin announces completion of share consolidation

On October 16, according to The Wall Street Journal, Cathedra Bitcoin Inc., a company focused on the development and operation of digital infrastructure assets, announced that it has completed the previously announced 30-to-1 (30:1) reverse stock split of its issued and outstanding subordinate voting shares and multiple voting shares. The record date for the reverse stock split is October 14, 2025, and it has officially taken effect. Under this split, every 30 issued and outstanding subordinate voting shares or multiple voting shares of the company will be consolidated into 1 new share of the corresponding class. No fractional shares will be issued; if fractional shares are created as a result of the split, they will be rounded down to the nearest whole share. This stock consolidation is applied equally to all shareholders and will not change any shareholder's ownership percentage in the company, unless a rounding down of fractional shares results in a very small number of shares being lost by some shareholders.