Kurt Kalbfleisch Named Chief Executive Officer of Sphere 3D Following Interim Leadership Period
Stamford, Connecticut--(Newsfile Corp. - November 6, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that its Board of Directors has appointed Kurt Kalbfleisch as Chief Executive Officer, effective immediately. Kurt has served as Interim CEO since the end of January, providing steady leadership and operational discipline. During his tenure as Interim CEO, Kurt focused on maintaining business continuity, strengthening operations, and ensuring disciplined...
2025-11-06 8:00 AM EST
Sphere 3D Reports Third Quarter 2025 Financial Results
Stamford, Connecticut--(Newsfile Corp. - November 4, 2025) - Sphere 3D Corp. (NASDAQ: ANY) (“Sphere 3D” or the “Company”), a Bitcoin mining company, today reported financial results for the third quarter of fiscal year 2025 ended September 30, 2025.COMMENTS FROM SPHERE 3D LEADERSHIP“This quarter reflects continued progress in strengthening the foundation of our business,” said Kurt Kalbfleisch, Interim CEO of Sphere 3D, “We’ve taken deliberate steps to position the Company for durable,...
2025-11-04 4:05 PM EST
Sphere 3D Announces a Warrant Inducement Transaction for $4.0 Million in Gross Proceeds
Stamford, Connecticut--(Newsfile Corp. - October 17, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company, today announced its entry into a warrant inducement agreement with an existing institutional investor of the Company for the immediate exercise of the November 2024 warrants to purchase up to 4,368,211 shares of common stock (the "Existing Warrants"). The Existing Warrants will be exercised at a reduced exercise price of $0.94 for total gross...
2025-10-17 8:00 AM EDT
Sphere 3D Reports Second Quarter 2025 Financial Results
Stamford, Connecticut--(Newsfile Corp. - August 5, 2025) - Sphere 3D Corp. (NASDAQ: ANY) (“Sphere 3D” or the “Company”), a Bitcoin mining company, today reported financial results for the second quarter of fiscal year 2025 ended June 30, 2025.COMMENTS FROM SPHERE 3D LEADERSHIP“While market conditions have remained relatively steady this quarter, our strategy remains unchanged— strengthen our foundation, manage costs, and build a business that performs across cycles. As Bitcoin adoption...
2025-08-05 4:16 PM EDT
Sphere 3D Reports First Quarter 2025 Financial Results
Stamford, Connecticut--(Newsfile Corp. - May 14, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company, today reported financial results for the first quarter of FY 2025 ended March 31, 2025.COMMENTS FROM SPHERE 3D LEADERSHIP"We remain focused on reducing reliance on third-party providers and taking greater control of our operations to improve cash flow and long-term profitability," says Interim CEO Kurt Kalbfleisch. He adds, "Over the past year, we...
2025-05-14 4:15 PM EDT
Sphere 3D Reports Fiscal Year 2024 Financial Results and Operational Updates
Stamford, Connecticut--(Newsfile Corp. - March 28, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company, is pleased to announce financial results for its fiscal year ended December 31, 2024.COMMENTS FROM SPHERE 3D LEADERSHIP2024 was a year of transition for Sphere 3D. Following the Bitcoin halving in the first half of the year, we focused on cycling out of high-cost hosting partners, streamlining SG&A expenses, and laying the groundwork for vertical...
2025-03-28 4:05 PM EDT
Sphere 3D Launches First Vertically Integrated Bitcoin Mining Facility
Stamford, Connecticut--(Newsfile Corp. - March 18, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that its newest Bitcoin mining site in Iowa is officially online. This milestone represents a significant strategic shift for the Company as it moves away from hosted and third-party mining operations toward full ownership and control of its infrastructure.By directly managing its infrastructure and energy procurement, the Company is poised to significantly...
2025-03-18 8:30 AM EDT
Sphere Announces End of Litigation with Gryphon
Stamford, Connecticut--(Newsfile Corp. - March 11, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") announced today that it has reached a confidential settlement with Gryphon Digital Mining, Inc. to resolve all claims against each other on mutually satisfactory terms that will result in the complete dismissal of the litigation. "As a Company, we are focused on the future and our long-term strategy," said Kurt Kalbfleisch, Acting CEO. "Resolving this matter allows us to...
2025-03-11 8:30 AM EDT
Sphere 3D Announces Passing of Chief Executive Officer
Stamford, Connecticut--(Newsfile Corp. - March 6, 2025) - It is with profound sadness that Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announces the passing of Patricia Trompeter, Chief Executive Officer. Patricia, known to many as Patti, passed away peacefully on Tuesday after a courageous battle with cancer."Our hearts go out to Patti's family during this difficult time. We extend our deepest condolences to her daughter, son, and all those who loved her. She will be...
2025-03-06 8:30 AM EST
Sphere 3D President and CEO Taking Temporary Leave of Absence
Stamford, Connecticut--(Newsfile Corp. - January 31, 2025) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company") today announced that President and CEO Patricia Trompeter will be taking a temporary medical leave of absence to address an existing health condition. She is expected to be on leave for approximately four months. During this time, Ms. Trompeter expects to remain engaged in key strategic decision-making as she continues serving on the Board of Directors, ensuring that her...
2025-01-31 5:00 PM EST
Sphere 3D Corp. Announces Pricing of $6 Million Registered Direct Offering and Concurrent Private Placement
Stamford, Connecticut--(Newsfile Corp. - November 20, 2024) - Sphere 3D Corp (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a Bitcoin mining company operating at an industrial scale, today announced that it has entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 4,225,353 of its common shares (or common share equivalents in lieu thereof) in a registered direct offering at a purchase price of $1.42 per share (the "Registered...
2024-11-20 8:00 AM EST
Sphere 3D Corp. Provides October 2024 Update
Stamford, Connecticut--(Newsfile Corp. - November 15, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company focused on strategically growing its production, is providing a strategic and operational update for October 2024.Key Highlights:11.7 Bitcoin mined in October 2024Month-end deployed hash rate was 0.8 EH/s Development initiated on our new 12.5 MW site with multi-year sub $0.04 power contractMetrics
2024-11-15 5:30 PM EST
Sphere 3D Reports Third Quarter 2024 Financial Results
Stamford, Connecticut--(Newsfile Corp. - November 14, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company operating at an industrial scale, today reported financial results for the quarter ended September 30, 2024.2024 Third Quarter Highlights Sphere 3D and Simple Mining LLC entered into a letter of intent to acquire a 12.5 MW site in Iowa featuring average sub 4c energy.Sphere 3D mined 38.7 Bitcoin during the quarter.Sphere 3D ended the quarter with 0.7 EH/s.CEO...
2024-11-14 4:10 PM EST
Sphere 3D Corp. Provides September 2024 Update
Stamford, Connecticut--(Newsfile Corp. - October 17, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company focused on strategically growing its production, is providing an operational update for September 2024, as well as a general strategic update.Key Highlights9.2 Bitcoin mined in September 2024Month-end deployed hash rate was 0.7 EH/s Development initiated on new 12.5 MW hosting site with multi-year sub $0.04 power contract; energization begins in December 2024
2024-10-17 5:00 PM EDT
Sphere 3D Corp. Provides August 2024 Update
Stamford, Connecticut--(Newsfile Corp. - September 23, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, is providing a strategic and operational update for August 2024.Key Highlights:Second batch of Antminer S21 fleet upgrades have arrived12.7 Bitcoin mined in August 2024Month-end deployed hash rate was 1.0 EH/s Metrics
2024-09-23 7:30 AM EDT
Sphere 3D Corp. Signs Letter of Intent to Acquire a 12.5 MW Site in Iowa Featuring Average Sub -4c Energy, Set to be Operational by December 2024
Stamford, Connecticut--(Newsfile Corp. - September 9, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, announces the development of a 12.5 MW site in Iowa.12.5 MW site with anticipated average of sub ~4 cent powerFacility estimated to be ready beginning of DecemberManaged services agreement with Simple Mining for 3 years to manage siteSphere 3D has partnered with Simple Mining LLC to engineer, develop, and operate the site. Additionally, Sphere 3D will enter into...
2024-09-09 7:45 AM EDT
Sphere 3D Corp. Provides July 2024 Update
Stamford, Connecticut--(Newsfile Corp. - August 19, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, is providing a strategic and operational update for July 2024.Key Highlights:First batch of Antminer S21 fleet upgrade has arrived16.8 Bitcoin mined in July 2024Month-end deployed hash rate was 1.2 EH/s Metrics
2024-08-19 8:00 AM EDT
Sphere 3D Reports Second Quarter 2024 Financial Results
Stamford, Connecticut--(Newsfile Corp. - August 13, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company operating at an industrial scale, today reported financial results for the quarter ended June 30, 2024.2024 Second Quarter Highlights Sphere 3D recognized a $7.3 million unrealized gain on investment in equity securities acquired through the Core settlement.Sphere 3D mined 70.7 Bitcoin during the quarter.Sphere 3D ended the quarter with 1.2 EH/s.CFO...
2024-08-13 4:15 PM EDT
Sphere 3D Corp. Provides June 2024 Update
Stamford, Connecticut--(Newsfile Corp. - July 18, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, is providing a strategic and operational update for June 2024.Key HighlightsFirst batch of fleet upgrade has arrived20.4 Bitcoin mined in June 2024Month-end deployed hash rate was 1.2 EH/s Metrics
2024-07-18 8:00 AM EDT
Sphere 3D Corp. Provides Response To Misleading Gryphon Press Release
Stamford, Connecticut--(Newsfile Corp. - July 18, 2024) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D"), a Bitcoin mining company, provides this response to a press release Gryphon Digital Mining Inc. ("Gryphon") issued on July 17, 2024 in which it claimed that "Sphere Concedes It Will No Longer Seek To Impose Any Liability for Impersonation of Its CFO."As reflected in the filings in the litigation with Gryphon, Gryphon's press release is at best misleading: Gryphon has already effectively...
2024-07-18 7:00 AM EDT