Sphere 3D mined 29.9 Bitcoin in April; hash rate drops to 0.9 EH/s

Sphere 3D Corp.

Mined 29.9 Bitcoin (vs 35.6 YoY, 26.0 March); sold 29.1; holdings 2.6 at month end.
Month-end hash rate 0.9 EH/s, down from 1.3 EH/s in March due to transit and hosting issues.
Mining revenue $1.4M in April, up from $1.0M YoY but down from $1.7M in March.
Partnering with Sunnyside Digital for fleet refresh; targeting M&A for vertical integration.
CEO expects production volatility during fleet upgrade; company remains debt-free.

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