---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-000343"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T03:57:47.477150+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001062993-24-000343
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299324000343/0001062993-24-000343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299324000343/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-000343
- JSON: https://secwatch.observer/filing/0001062993-24-000343.json
- Plain text: https://secwatch.observer/filing/0001062993-24-000343.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.