secwatch.observer — SEC 8-K summary
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Issuer:     Sphere 3D Corp. (ANY)
CIK:        0001591956
Form:       8-K
Filed at:   2023-07-17T23:59:59+00:00
Accession:  0001062993-23-014930
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sphere 3D regains Nasdaq bid price compliance; mined 65.1 BTC in June 2023, down 16% MoM
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1591956/000106299323014930/0001062993-23-014930-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1591956/000106299323014930/form8k.htm
  HTML page:      https://secwatch.observer/filing/0001062993-23-014930

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