Sphere 3D reports fiscal year 2025 financial results
Revenue was $11.2 million, and the company mined 111.6 Bitcoin in fiscal 2025.
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Bitcoin mining and IT solutions provider
sphere3d.comLast updated
In short: Sphere 3D completed its business combination with Cathedra Bitcoin and shifted focus toward AI and high-performance computing initiatives.
Revenue was $11.2 million, and the company mined 111.6 Bitcoin in fiscal 2025.
The all-stock transaction will create a next-generation high-density computing power infrastructure company.
The company announced a 1-for-10 reverse stock split and reported improvements in mining efficiency and cost reductions.
Revenue was $2.6 million, loss from operations reduced by 23% to $4.0 million.
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