Canadian Bitcoin miner Cathedra Bitcoin is winding down its seven-year mining operation and switching to a new strategy: buying as much Bitcoin as possible on the open market, a la MicroStrategy. In a September 16 “Bitcoin Treasury Strategy Note,” Cathedra said its capital allocation decisions will now be geared toward maximizing Bitcoin reserves per share. The change aligns with the firm’s goal of increasing shareholder value. Cathedra plans to buy more Bitcoin by developing data processing centers. Share your thoughts in the comments.