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Sphere 3D Corp - ANY STOCK NEWS

Welcome to our dedicated news page for Sphere 3D (Ticker: ANY), a resource for investors and traders seeking the latest updates and insights on Sphere 3D.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sphere 3D's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sphere 3D's position in the market.

News
Sphere 3D Corp. Provides February 2024 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. reports mining 40.3 Bitcoin in February 2024, a 15% YoY increase. Operating hash rate remains steady at 1.2 EH/s. Revenue at $1.9 million. CEO discusses fleet refresh and potential mergers. Legal action taken against Gryphon for return of Bitcoin holdings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.52%
Tags
none
-
News
Sphere 3D Reports Fiscal Year 2023 Financial Results and Operational Updates
Rhea-AI Summary
Sphere 3D Corp. (ANY) reports strong financial results for fiscal year 2023, with a significant increase in Bitcoin mining operations. The company increased its operating hashrate by 409% year-over-year, mined 667 Bitcoin, and achieved a revenue increase of $15.8 million to $21.9 million. Sphere 3D streamlined operations, reduced debt, and liquidated non-strategic investments. The company aims for positive cash flows and plans for the Bitcoin halving in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.29%
Tags
earnings
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News
Sphere 3D Corp. Provides January 2024 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. reports a 61% increase in Bitcoin mined in January 2024 compared to the previous year, with 61.0 Bitcoin mined. However, month-end operating hash rate was down to 1.2 EH/s due to machine transfers. The company's mining revenue for January 2024 was $2.6 million, with Bitcoin holdings at 25.8. Sphere 3D is also in the process of settling prior litigation with Core Scientific, Inc. and Gryphon Digital Mining, Inc., and is exploring growth options in anticipation of the havening.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.98%
Tags
none
News
Sphere 3D Announces Agreement with Core Scientific
Rhea-AI Summary
Sphere 3D Corp. (ANY) has reached a settlement agreement with Core Scientific, Inc., approved by United States Bankruptcy Judge Christopher M. Lopez, providing Sphere 3D with $10,000,000 in equity of Core, access to additional equity, and mutual release of claims. The settlement allows for potential additional funds and equity pool access if Core's equity value decreases. Sphere 3D believes the settlement is in the best interests of its shareholders, with Judge Lopez acknowledging the complexity of the case and the efforts put into the settlement negotiations. The terms of the agreement do not waive any claim Sphere 3D has against Gryphon Digital Mining, Inc., seeking recovery for damages in connection with Gryphon's failure to file a timely proof of claim before the deadline in the Core bankruptcy proceeding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
Tags
none
-
News
Sphere 3D Corp. Provides December 2023 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. (NASDAQ: ANY) reports a 311% YoY increase in Bitcoin mined, with 73.5 Bitcoin mined in December 2023. Month-end operating hash rate was 1.3 EH/s, and mining revenue was $3.1 million. The company settled with Core Scientific, Inc. and terminated the master services agreement with Gryphon Digital Mining, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.98%
Tags
none
-
News
Sphere 3D Corp. Provides November 2023 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. (NASDAQ: ANY) reports mining 71.7 Bitcoin in November, up 596% YoY and 4% from October. Month-end operating hash rate was 1.3 EH/s with 86% uptime. Mining revenue increased to $2.6 million from $0.2 million in Nov 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
62.62%
Tags
none
News
Sphere 3D Reports Third Quarter 2023 Financial Results and Operational Updates
Rhea-AI Summary
Sphere 3D Corp. (NASDAQ: ANY) Reports 322% Increase in Q3 2023 Revenue and 396% Increase in Bitcoin Mined Year-Over-Year
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
Tags
earnings
-
News
Sphere 3D Corp. Provides October 2023 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. (NASDAQ: ANY) reports mining 69.2 Bitcoin in October 2023, a 8.8% increase from September and a 535% YoY increase. The month-end operating hash rate was 1.3 EH/s, and uptime was 83%. CEO Patricia Trompeter expects higher production in the coming months due to lower temperatures. The company also provides updates on ongoing legal matters and strategic plans for addressing the upcoming halving.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
none
-
News
Sphere 3D Corp. Provides September 2023 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. provides results of its Bitcoin mining operation for September 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.63%
Tags
none
News
Sphere 3D Corp. Provides August 2023 Production and Operation Updates
Rhea-AI Summary
Sphere 3D Corp. provides results of its Bitcoin mining operation for August 2023. Bitcoin mined down 2.5% from July and up 359% YoY. Month-end operating hash rate up 18% from July. Mining revenue $1.6 million. Bitcoin holdings at 2.8. CEO comments on lower production due to curtailments from high temperatures. Legal update on arbitration against Core Scientific.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
none
Stock ANY logo
Sphere 3D Corp

Nasdaq:ANY

ANY Rankings

#5135 Ranked by Market Cap
#5087 Ranked by Stock Gains
N/A Ranked by Dividends

ANY Stock Data

18.51M
16.95M
4.75%
4.38%
3.75%
Data Processing, Hosting, and Related Services
Information
Link
Canada
Mississauga

About ANY

sphere 3d corp. (nasdaq: any) delivers industry renowned data management, and desktop and application virtualization solutions via hybrid cloud, cloud and on-premise implementations through its global reseller network. sphere 3d, along with its wholly-owned subsidiaries overland storage and tandberg data, has a strong portfolio of brands including glassware 2.0™, snapcloud™, snapscale®, snapserver®, snapsync ™, v3, rdx®, and neo®. for more information, visit www.sphere3d.com.