---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-002363"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:39:25.680794+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sphere 3D mines 61 Bitcoin in Jan 2024, up 61% YoY; hash rate drops to 1.2 EH/s on machine transfers

## Summary
- Mined 61.0 Bitcoin in January, a 61% increase year-over-year, but down 17% from December.
- Month-end operating hash rate of 1.2 EH/s; uptime 82% amid machine transfers and dispute.
- Dispute with Gryphon over ~21.6 BTC ($0.9M) withheld; exploring legal/regulatory options.
- Settling Core litigation, taking equity delivery; transferred miners to new hosting provider.
- Preparing for upcoming Bitcoin halving; pursuing M&A and organic growth opportunities.

## SEC filing metadata
- accession: 0001062993-24-002363
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299324002363/0001062993-24-002363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299324002363/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-002363
- JSON: https://secwatch.observer/filing/0001062993-24-002363.json
- Plain text: https://secwatch.observer/filing/0001062993-24-002363.txt

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