---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-24-006972"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2024-03-25T23:59:59+00:00"
generated_at: "2026-06-04T08:28:32.622299+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001062993-24-006972
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2024-03-25T23:59:59+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/1591956/000106299324006972/0001062993-24-006972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299324006972/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-24-006972
- JSON: https://secwatch.observer/filing/0001062993-24-006972.json
- Plain text: https://secwatch.observer/filing/0001062993-24-006972.txt

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