Sphere 3D Corporation

Recent News

  • Sphere 3D and Gryphon Secure Largest Single Hosting Services Deal in Core Scientific's History

    Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, is pleased to announce that it has entered into an agreement with Gryphon Digital Mining1 ("Gryphon") for approximately 230 MW of carbon neutral bitcoin mining hosting capacity to be managed by Core Scientific ("Core") as hosting partner. This hosting agreement is the single largest order in Core's history and represents yet another step...

    2021-10-13 7:00 AM EDT
  • Sphere 3D Secures Order for 60,000 BTC Antminers, One of the Largest Single Orders in Digital Mining Industry History

    Toronto, Ontario--(Newsfile Corp. - September 21, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announces that it made a US$85 million payment towards its previously announced purchase order for 60,000 bitcoin mining rigs ("miners"). The company has purchased 60,000 Antminer S19j Pros, currently considered the industry leading miner, which will commence delivery in November of 2021. After certain adjustments to the original miner model mix, Sphere...

    2021-09-21 4:00 AM EDT
  • Sphere 3D Merger Target Gryphon, Launches First Batch of its 7,200 S19j Miners

    Toronto, Ontario--(Newsfile Corp. - September 16, 2021) - Sphere 3D Corp. (Nasdaq: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions announced today that Gryphon Digital Mining, which has entered into an Agreement and Plan of Merger with the Company, has received the first batch of its 7,200 S19j Pro Antminers (the "Miners") and they are installed and now mining bitcoin. This is transformational for Gryphon as it transitions from an aspirational bitcoin miner...

    2021-09-16 4:00 AM EDT
  • Sphere 3D Retains Legal Capital as Advisor

    Toronto, Ontario--(Newsfile Corp. - September 9, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announces it has retained Legal Capital, a global investment management company, as an advisor.Legal Capital is a private equity firm headquartered in China and the US, specializing in global investments for high-quality capital. Most notably it has invested in a number of high profiled global industry leaders."We are excited and honoured to have...

    2021-09-09 11:26 PM EDT
  • Sphere 3D Corp. Announces Closing of Previously Announced $192.1 Million Registered Direct Offering Priced At-the-Market

    Toronto, Ontario--(Newsfile Corp. - September 8, 2021) -  Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, announced that it closed its previously announced US$192,100,000 Registered Direct Offering priced At-the-Market. The combined purchase price for one common share and one-half warrant to purchase one common share is $8.50. Under the terms of the agreement, Sphere 3D sold a total of 22,600,000 common shares and warrants to purchase 11,300,000 common shares....

    2021-09-08 1:50 PM EDT
  • Sphere 3D Announces Pricing of $192.1 Million Registered Direct Offering Priced At-the-Market to Help Secure the Initial Order of 60,000 Miners

    Toronto, Ontario--(Newsfile Corp. - September 3, 2021) - Sphere 3D Corp. (NASDAQ: ANY) (the "Company" or "Sphere 3D") announced today that it has entered into a securities purchase agreement with institutional investors to purchase $192.1 million of its common shares and warrants in a registered direct offering priced at-the-market under Nasdaq rules. The combined purchase price for one common share and one-half warrant to purchase one common share is $8.50. Under the terms of the agreement, Sphere 3D has agreed...

    2021-09-03 2:21 AM EDT
  • Sphere 3D Sponsored SPAC - Minority Equality Opportunities Acquisition Inc., Closes Upsized $126.5 Million IPO, Including Full Exercise of the Overallotment Option

    Toronto, Ontario--(Newsfile Corp. - August 30, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, today reports Minority Equality Opportunities Acquisition Inc. ("Minority Equality" ), a company that Sphere 3D has an indirect interest in, closed its upsized initial public offering (the "IPO").Minority Equality is a newly organized blank check company incorporated as a Delaware company and led by Chairman and CEO Shawn D. Rochester. Today Minority Equality...

    2021-08-30 6:52 PM EDT
  • Sphere 3D Sponsored SPAC - Minority Equality Opportunities Acquisition Inc., Announces Pricing of Upsized $110.0 Million Initial Public Offering

    Toronto, Ontario--(Newsfile Corp. - August 26, 2021) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), a company delivering containerization, virtualization, and data management solutions, today reports that Minority Equality Opportunities Acquisition Inc. ("Minority Equality"), a company that Sphere 3D has an indirect interest in, announced the pricing of their initial public offering of 11,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of Class A common stock and one...

    2021-08-26 8:35 AM EDT