Sphere 3d completes private placement with lda capital

Toronto, ontario--(newsfile corp. - april 21, 2023) - sphere 3d corp. (nasdaq: any) ("sphere 3d" or the "company"), dedicated to becoming the leading carbon-neutral bitcoin mining company operating at an industrial scale, announced today that it has entered into a securities purchase agreement with lda capital limited ("lda capital") to raise up to $3 million in capital. the sphere3d transaction corroborates lda's approach to double down in the crypto ecosystem in a time where fear, uncertainty and doubt permeate throughout the industry.
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