Sphere 3D Receives Purchase Score Forward of Gryphon Digital Mining Merger

Sphere 3D, a knowledge administration firm that trades on the Nasdaq, and privately held Gryphon Digital Mining, which focuses on mining bitcoin by means of 100% renewable power, introduced in June they had been going public by means of a reverse merger. Below phrases of the deal, Sphere mentioned it’ll challenge 111 million shares to Gryphon shareholders, who will management 77% of the mixed firm. Sphere holders will personal the remaining 23%.

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