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When we first discovered them (when they were Fortress), they were a Ben Graham-style net/net (trading at below net asset value). Now, Cathedra is fundamentally a micro-Bitcoin miner with a lot of in-house expertise, which we think will move faster relative to the price of Bitcoin than the larger companies. Having undergone a massive restructure, we’re betting the jockeys here - and anticipating that a continued, profitable drive into portable mining which makes use of methane-capturing, will continue to catch on among oil and gas producers. Their costs to mine are top ten lowest in the industry and we think they are nimble, agile and well placed to capitalise on the upcoming bull run.