Sphere 3D shares are trading lower after the company reported worse-than-expected Q4 financial results.
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Sphere 3D shares are trading lower after the company reported worse-than-expected Q4 financial results.
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Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today announced that it has effected a share consolidation (also known as a reverse stock split) of its common shares on a 1-for-7 basis, which was previously approved by shareholders on June 23, 2023.The Company's common shares will begin trading on a post-consolidation basis on the NASDAQ Capital Market as of the opening of trading on June 29, 2023, under a new CUSIP number 84841L407 and under the existing trading symbol "ANY". Following the share consolidation, every seve
Toronto, Ontario--(Newsfile Corp. - May 11, 2023) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today reported financial results for the first quarter of FY 2023 ended March 31, 2023. The Company is also providing results of its Bitcoin Mining Operation and operational updates. 2023 First Quarter Highlights and Recent DevelopmentsRevenue increased by $1.6 million, to $3.0 million during the quarter ended March 31, 2023.The Company mined 110.25 Bitcoin in during the quarter ended March 31, 2023.The Company ended the quarter with 446 PH/s.3,900 miners began hashing in May
Production was 35.59 BitcoinOperations achieved 80.9 BTC/EH efficiencyUptime was 94% For April 2023Toronto, Ontario--(Newsfile Corp. - May 9, 2023) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ended April 30, 2023.CEO Comments"April was a pivotal month for Sphere 3D. We deployed the 4,400 miners we received in January to Rebel Mining for energization in May. We are well on our way to have 1.5EH/s online by the end of 2Q23. Rebel Mining was able to test, prep and install all miners in April." Said Patricia Tr
Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, is pleased to announce financial results for its fiscal year ended December 31, 2022.Comments from Sphere 3D Leadership"Last year, 2022, was a difficult, unrelenting year for the entire digital asset mining industry. For Sphere 3D it was a particularly exigent time as we focused on entering the digital asset mining industry in a volatile market, while aggressively restructuring above-market contracts and stabilizing the Company. It was one of the most challenging years for u
Production for the month totaled 10.28 BitcoinTotal Bitcoin holdings were 90.34 at month endOperations achieved 105.2 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - December 15, 2022) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ending November 30, 2022.CEO Comments"November was a month of significant achievements for Sphere 3D. With the announced restructuring of our BitFuFu contract, we are anticipating the delivery and energization of thousands of new miners. BitFuFu has shipped more than 11,000
Toronto, Ontario--(Newsfile Corp. - November 10, 2022) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, is pleased to announce financial results for the quarter ended September 30, 2022.Comments from Sphere 3D CEO, Patricia Trompeter"During the third quarter, Sphere 3D made enormous strides. The task of transforming the Company and positioning it for long-term success is advancing steadily. "As a result of the growth of our mining fleet and our transformation efforts, our operating costs and general and administrative expenses were significantly higher in the third quarter
8-K - Sphere 3D Corp. (0001591956) (Filer)
424B5 - Sphere 3D Corp. (0001591956) (Filer)
8-K - Sphere 3D Corp. (0001591956) (Filer)
Increased production capacity by about 267%Grew production by 74% month over month to 17.93 BitcoinBitcoin holdings totaled 103.01 at month-endOperations achieved 113.3 BTC/EH efficiency Toronto, Ontario--(Newsfile Corp. - January 11, 2023) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ending December 31, 2022.CEO Comments"December was transformative for Sphere 3D from start to finish, and included the receipt of approximately 12,000 miners from BitFuFu, a successful annual general meeting, and the long-await
Toronto, Ontario--(Newsfile Corp. - November 15, 2022) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, has appointed to its Board of Directors, Susan Harnett. Ms. Harnett is a veteran senior executive with tier-one financial companies, a FinTech expert advising and mentoring digital startups, and a champion for women leaders and women-led companies. Ms. Harnett is also recognized as a Certified Corporate Director by the NACD and a Certified Risk Director by the DCRO Institute. She joins Sphere 3D's Board of Directors as an independent director."The addition of Ms. Harne
Cancellation of 37.5% or 36,000 of the Outstanding Series H Preferred Shares Nomination of David Danziger, CPA, CA, for election to the Board of Directors at Upcoming 2022 Annual and Special General MeetingVoting and Standstill Agreement with HertfordToronto, Ontario--(Newsfile Corp. - November 8, 2022) - Sphere 3D Corp. (NASDAQ:ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today announced that it has entered into an agreement (the "Agreement") with Hertford Advisors Ltd., a Cayman Islands Company ("Hertford"), with respect to the Series H Preferred Shares. Pursuant to the Agreement, the Company
SC 13G/A - Sphere 3D Corp. (0001591956) (Subject)
SC 13G/A - Sphere 3D Corp. (0001591956) (Subject)
SC 13G - Sphere 3D Corp. (0001591956) (Subject)
Sphere's concession means that Gryphon is no longer subject to liability on the basis of these allegationsLAS VEGAS, NV / ACCESSWIRE / July 17, 2024 / Gryphon Digital Mining, Inc. (NASDAQ:GRYP) ("Gryphon" or the "Company"), a bitcoin mining company that is independently certified to be 100% renewable and pursuing a negative carbon strategy, is providing an update regarding its ongoing litigation with Sphere 3D.On June 27, 2024, during a court conference in the litigation proceedings between Gryphon Digital Mining, Inc. ("Gryphon") and Sphere 3D Corp. ("Sphere") in the U.S. District Court for the Southern District of New York, Sphere conceded that it was no longer seeking to impose any liabil
HC Wainwright & Co. analyst Kevin Dede reiterates Sphere 3D (NASDAQ:ANY) with a Buy and maintains $4 price target.
4 - Sphere 3D Corp. (0001591956) (Issuer)
4 - Sphere 3D Corp. (0001591956) (Issuer)
4 - Sphere 3D Corp. (0001591956) (Issuer)