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It's Tuesday, September 17th, and this is Markets Daily hosted by me, Jen Sanassi. On this show, we navigate

the current shaping the crypto markets, providing insights against the broader financial

landscape. So whether you're actively trading or simply fascinated by the volatility that is

the crypto markets, this show is your compass to understanding what's happened, where we are, and where

we are going.

Good morning, everyone. Happy Tuesday. Today we're talking about a company that recently adopted

Micro Strategies' playbook of buying Bitcoin on the open market. What company is that, you might

ask? Cathedral Bitcoin announced that it will pivot away from Bitcoin mining to providing general

data center services and buying Bitcoin on the open market. The soon-to-be former miners cited

unpredictable profit margins as the cause for the shift. Here's the scoop. They've decided to take

a page out of the micro strategy playbook by purchasing Bitcoin directly.

Now, for those who are unfamiliar with what's happening over at Micro Strategy, former CEO

...