Sphere 3D (ANY) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Sphere 3D Corp., a Bitcoin mining company, has announced plans to develop a new 12.5 megawatt data center in Iowa, aiming for operational readiness by December 2024 with energy costs below 4 cents. The company has engaged in a three-year managed services contract with Simple Mining LLC for site operation, marking a strategic move towards self-sufficiency, cost reduction, and sustained growth.
For further insights into ANY stock, check out TipRanks’ Stock Analysis page.
