Sphere 3D Completes Acquisition of Cathedra Bitcoin
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 01 2026
0mins
Sphere 3D and Cathedra Bitcoin announced that they have completed the previously announced plan of arrangement pursuant to which Sphere acquired all of the issued and outstanding shares of Cathedra under the arrangement agreement entered into on March 5, 2026, and Cathedra is now a wholly-owned subsidiary of Sphere. The Transaction was completed by way of a court-approved plan of arrangement under the Business Corporations Act. The Transaction was approved at a special meeting of the securityholders of Cathedra and at a meeting of the shareholders of Sphere, and by the Supreme Court of British Columbia.
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Analyst Views on ANY
Wall Street analysts forecast ANY stock price to fall
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 4.190
Low
3.00
Averages
3.00
High
3.00
Current: 4.190
Low
3.00
Averages
3.00
High
3.00
No data
About ANY
Sphere 3D Corp. is a Canada-based bitcoin mining company. The Company is engaged with Bitcoin mining pool operators, its customers, to provide a service to perform hash calculations for the mining pool operator. It is engaged in digital asset mining operation through the capital-efficient procurement of next generation mining equipment and partnering with data center operators.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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