Sphere 3D and Cathedra Bitcoin Merge to Form AI Services Company

viernes, 6 de marzo de 2026, 11:06 am ET1 min de lectura
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Cathedra Bitcoin and Sphere 3D have agreed to merge in an all-stock transaction, combining 53 MW and 1.2 EH/s of bitcoin mining infrastructure across five data centers. The merged entity will keep Sphere 3D's name and listing on the NASDAQ, with Cathedra Bitcoin shareholders receiving 49% of Sphere 3D's shares. The combined company will pursue 100 megawatts of expansion opportunities, including AI/HPC services. Joel Block will lead the new entity as CEO.

Sphere 3D and Cathedra Bitcoin Merge to Form AI Services Company

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