Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%
Bitcoin miner Sphere 3D has up to $10.3 million of amended at-the-market stock-sale capability for working capital, whereas its standing coverage additionally permits mined Bitcoin gross sales for working capital or development. At the assumed $2.35 share value in its July 31 prospectus complement, full use of the ability would add 4,382,978 widespread shares and…
