Sphere 3D and Cathedra Bitcoin Announce All-Stock Merger Agreement
Bitcoin mining firms Cathedra Bitcoin and Sphere 3D have officially entered into a definitive all-stock merger agreement to form a unified digital infrastructure enterprise. The consolidation aims to leverage the combined resources of both entities to enhance their presence in the Proof-of-Work (PoW) ecosystem. Following the transaction's completion, the combined entity will continue to operate...