Sphere 3d corp. provides july 2024 update

Stamford, connecticut--(newsfile corp. - august 19, 2024) - sphere 3d corp. (nasdaq: any) ("sphere 3d"), a bitcoin mining company, is providing a strategic and operational update for july 2024. key highlights: first batch of antminer s21 fleet upgrade has arrived 16.8 bitcoin mined in july 2024 month-end deployed hash rate was 1.2 eh/s metrics july 2023 june 2024 july 2024 bitcoin mined 59.8 20.4 16.8 bitcoin sold 70.1 15.7 22.0 mining revenue $1.8 million $1.4 million $1.0 million bitcoin holdings 10.2 7.2 2.0 deployed miners ~10,240 ~11,400 ~11,200 month end deployed hash rate (eh/s) 1.1 eh/s 1.2 eh/s 1.2 eh/s   strategic update: we continue to proactively focus on the company's future growth through operational growth and strategic partnerships: as previously announced, our plan is to gradually take older machines offline and replace them with the latest generation models throughout the remainder of the year.
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