Sphere 3D mined 73.5 BTC in Dec (+311% YoY); $10M Core Scientific settlement

Sphere 3D Corp.

73.5 Bitcoin mined in December 2023, up 311% YoY and 3% from November; hash rate 1.3 EH/s flat month-on-month.
Unaudited mining revenue $3.1M; Bitcoin holdings at month-end increased to 41.2 from 18.1 in November.
Core Scientific settlement provides $10M allowed claim expected to be paid in freely trading equity of reorganized Core Scientific.
Termination of Gryphon MSA expected to add 22.5% to margins; Gryphon has not remitted ~21.6 BTC ($919K) despite request.
Uptime was 77% due to hosting partner's Missouri site issues; company seeking growth via organic expansion and M&A.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.