---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-26-000850"
form_type: "8-K"
ticker: "ANY"
cik: "0001591956"
company_name: "Sphere 3D Corp."
filed_at: "2026-02-12T23:59:59+00:00"
generated_at: "2026-05-16T03:01:49.282583+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sphere 3D effects 1-for-10 reverse stock split; mined 111.6 BTC in 2025, G&A down 50% YoY

## Summary
- 1-for-10 reverse stock split effective Feb 9, 2026; shares reduce from ~33.9M to ~3.39M.
- Mined 111.6 Bitcoin in 2025; self-mined balance of 37.3 BTC as of Dec 31, 2025.
- Fleet efficiency improved to <19 J/Th from 27.1 J/Th; new 8MW Iowa facility energized March 2025.
- Q4 2025 G&A expenses down 50% YoY; sold CORZ shares for $9.4M excess; warrant inducement raised $4.1M.

## SEC filing metadata
- accession: 0001062993-26-000850
- form_type: 8-K
- ticker: ANY
- cik: 0001591956
- company_name: Sphere 3D Corp.
- filed_at: 2026-02-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591956/000106299326000850/0001062993-26-000850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591956/000106299326000850/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-26-000850
- JSON: https://secwatch.observer/filing/0001062993-26-000850.json
- Plain text: https://secwatch.observer/filing/0001062993-26-000850.txt

## Source-grounded claims
- claim_id: cdfec9589b5ad99d6e2091ae5cfd63471947af24
  claim: Sphere 3D Corp.: Effected a 1-for-10 share consolidation of common shares via Articles of Amendment (effective 2026-02-09).
  evidence_excerpt: On February 9, 2026, Sphere 3D Corp. (the "Company") filed Articles of Amendment (the "Amendment") to effectuate a share consolidation (the "Share Consolidation") of its issued and outstanding common shares in the ratio of 1-for-10.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591956/000106299326000850/0001062993-26-000850-index.htm

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