Cathedra Bitcoin

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Sphere 3D Faces Major Tariff Risk Over Bitcoin Mining Equipment

Sphere 3D could owe $2.2 million in U.S. tariffs on Bitcoin miners purchased in 2022, a sum that would consume most of its available cash. The company disputes the claim and says the final amount and timeline remain uncertain.

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Sphere 3D Prepares Major Share Dilution Amid Cash Shortfall EgonCoin

Sphere 3D Prepares Major Share Dilution Amid Cash Shortfall

Bitcoin miner Sphere 3D is moving to authorize up to $10.3 million in new stock sales, a step that could dilute existing shareholders by more than 50% as the company faces mounting liquidity pressures and going-concern warnings.

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