Why Bitcoin-Related Stock Sphere 3D Is Rising Today

sphere, core, mining, bitcoin, scientific,
Middle East

Why Bitcoin-Related Stock Sphere 3D Is Rising Today

Oops!Something went wrong.Please try again later.Adam EckertOctober 13, 2021, 6:00 AM·1 min readIn this article: Oops!Something went wrong.Please try again later.

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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