Sphere 3D mined 40.3 BTC in Feb (+15% YoY); Gryphon returned $1.2M cash; M&A talks

Sphere 3D Corp.

40.3 BTC mined in Feb (+15% YoY); hash rate 1.2 EH/s flat; uptime 60% due to hosting outage.
Mining revenue $1.9M in Feb vs $2.6M in Jan; held 23.8 BTC at month-end.
CEO cites Springfield, MO hosting partner technical issues; pushing for resolution.
In discussions to refresh fleet and with merger partners; hired Fabiano Consulting.
Gryphon returned $1.2M cash on Mar 21; filed conversion claim; evaluating further prosecution.

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