Sphere 3d corp. provides april 2024 update

Stamford, connecticut--(newsfile corp. - may 14, 2024) - sphere 3d corp. (nasdaq: any) ("sphere 3d," "we," "our" or "us"), dedicated to becoming a growing bitcoin mining company, is providing a strategic and operational update for april 2024. key highlights partnering with sunnyside digital for fleet upgrade and refresh 29.9 bitcoin were mined in april 2024 month-end operating hash rate was 0.9 eh/s; this reduction was primarily due to machines in transit at month end as well as operational issues at two hosting sites metrics april 2023 march 2024 april 2024 bitcoin mined 35.6 26.0 29.9 bitcoin sold 41.3 48.0 29.1 mining revenue $1.0 million $1.7 million $1.4 million bitcoin holdings 16.2 1.8 2.6 deployed miners ~4,330 ~12,500 ~9,100 month end deployed hash rate (eh/s) 0.5 eh/s 1.3 eh/s 0.9 eh/s   strategic update we are proactively strategizing for our future growth with a two-pronged approach to our strategic business plan: first, we plan to focus on organic growth through a fleet refresh and the addition of more exahash.
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