Sphere 3D AI Leases, Sites and Financing
Sphere 3D's sites, AI leases and financings from filings and press, with sources.
Merged with Cathedra in June 2026 to form a 53 MW platform and is pitching AI/HPC at Hopkinsville KY. Reported going-concern doubt in Q2 2026; sold its Iowa site to Simple Mining.
Profile
| Type | Bitcoin miner |
| Headquarters | Mississauga, Canada |
| AI status | Announced, no tenant |
| Listing | NASDAQ: ANY |
| Website | sphere3d.com |
Financings
| Date | Amount | Type | Lender | Detail | Source |
|---|---|---|---|---|---|
| 2026 | $5M | Private placement | Not named | $5M private placement, $1M from the Chairman and CEO | Panabee |
Sites
| Site | Location | MW | Status |
|---|---|---|---|
| Hopkinsville15 MW mining site conversion first; needs HES and TVA approval | Hopkinsville, KY | 50 MW | Planned AI/HPC |
MW as reported: some figures are gross power, some critical IT. Sources: Panabee, Pulse 2.0, DCD, Simple Mining.
AI leases and deals
| Date | Counterparty | Deal | Value | Source |
|---|---|---|---|---|
| 2026 | Bitdeer | 30 MW co-mining agreement | n/d | Panabee |
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