other material
confidence high
sentiment neutral
materiality 0.60
Sphere 3D Corp. (ANY): Nasdaq/NYSE listing notice — Sphere 3D regains Nasdaq bid price compliance; mined 65.1 BTC in June 2023, down 16% MoM
Sphere 3D Corp.
- Nasdaq notified on July 14 that Sphere 3D regained compliance with minimum bid price rule after 10 consecutive days above $1.00.
- Bitcoin mined in June: 65.1 BTC, down 16% from May 2023 but up 434% YoY.
- Month-end operating hash rate at 1.0 EH/s; uptime 86% due to curtailments at Texas and Missouri hosting sites.
- Mining revenue: $1.8M; sold 67.2 BTC; held 20.2 BTC at month-end.
- Additional 2,400 miners arrived in early July at Texas site, expected to bring total hash rate to 1.3 EH/s.