Sphere 3D Corp. is making its post-merger play. The company, now trading under NASDAQ ticker ANY, is pivoting its 53 megawatt data center platform toward AI and high-performance computing workloads, enlisting new strategic partners to help retrofit Bitcoin mining infrastructure into something the market values a lot more right now.
The move comes less than two weeks after Sphere 3D closed its all-stock merger with Cathedra Bitcoin on June 1, 2026. That deal stitched together five data centers spread across Iowa, Kentucky, and the Tennessee Valley Authority service territory into a single digital infrastructure company with roughly 53 MW of operational power capacity. Now the combined entity wants to prove it can do more than mine Bitcoin.
From hash rate to high-performance computing
On June 10, 2026, Sphere 3D announced it had engaged EA Advisors LLC as a strategic advisor. The firm’s mandate is straightforward but ambitious: accelerate the company’s conversion from pure-play Bitcoin mining toward AI and HPC workloads.
EA Advisors will evaluate both existing sites and potential new locations, identify design, build, and operate partners, and lead efforts to retrofit current infrastructure for next-generation computing demands.
