Why Bitcoin-Related Stock Sphere 3D Is Rising Today
- Date: 13-Oct-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Why Bitcoin-Related Stock Sphere 3D Is Rising Today
Sphere 3D Corp (NASDAQ: ANY) is trading higher Wednesday after the company announced it entered into an agreement with Gryphon Digital Mining for approximately 230 MW of carbon neutral bitcoin mining hosting capacity to be managed by Core Scientific as hosting partner.
The hosting agreement is the largest order in Core Scientific's history and represents another step forward for Sphere 3D and Gryphon Digital Mining in becoming the world's largest carbon neutral bitcoin miner.
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