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On January 23, 2024, Sphere 3D Corp., a carbon-neutral Bitcoin mining company, announced a settlement agreement with Core Scientific, Inc., which was approved by U.S. Bankruptcy Judge Christopher M. Lopez on January 16, 2024. The agreement, part of Core's emergence from bankruptcy, grants Sphere 3D $10 million in Core's equity and access to additional equity if its value decreases within 18 months post-settlement. Sphere 3D and Core have mutually released claims against each other, preserving Sphere 3D's claims against Gryphon Digital Mining, Inc. for failing to file a timely proof of claim in Core's bankruptcy proceedings. Sphere 3D's CEO, Patricia Trompeter, stated that the settlement provides non-dilutive capital to support the company's strategic growth initiatives and allows for the recovery of capital. Sphere 3D emphasizes its commitment to environmental, social, and governance standards while focusing on expanding its Bitcoin mining operations.
On January 23, 2024, Sphere 3D Corp., a carbon-neutral Bitcoin mining company, announced a settlement agreement with Core Scientific, Inc., which was approved by U.S. Bankruptcy Judge Christopher M. Lopez on January 16, 2024. The agreement, part of Core's emergence from bankruptcy, grants Sphere 3D $10 million in Core's equity and access to additional equity if its value decreases within 18 months post-settlement. Sphere 3D and Core have mutually released claims against each other, preserving Sphere 3D's claims against Gryphon Digital Mining, Inc. for failing to file a timely proof of claim in Core's bankruptcy proceedings. Sphere 3D's CEO, Patricia Trompeter, stated that the settlement provides non-dilutive capital to support the company's strategic growth initiatives and allows for the recovery of capital. Sphere 3D emphasizes its commitment to environmental, social, and governance standards while focusing on expanding its Bitcoin mining operations.
2024年1月23日，碳中和的比特幣礦業公司Sphere 3D Corp. 宣佈了與Core Scientific, Inc.的和解協議，該協議於2024年1月16日獲得美國破產法官克里斯托弗·洛佩茲的批准。該協議是Core擺脫破產的一部分，它授予Sphere 3D 1000萬美元的Core股權，如果其價值在和解後的18個月內下跌，則可以獲得額外的股權。Sphere 3D和Core相互發布了對方的索賠，保留了Sphere 3D因未能在Core的破產程序中及時提交索賠證據而對Gryphon Digital Mining, Inc.提出的索賠。Sphere 3D的首席執行官帕特里夏·特隆彼得表示，該和解協議提供了非稀釋性資本，以支持公司的戰略增長計劃，並允許資本回收。Sphere 3D 強調其對環境、社會和治理標準的承諾，同時專注於擴大其比特幣採礦業務。
2024年1月23日，碳中和的比特幣礦業公司Sphere 3D Corp. 宣佈了與Core Scientific, Inc.的和解協議，該協議於2024年1月16日獲得美國破產法官克里斯托弗·洛佩茲的批准。該協議是Core擺脫破產的一部分，它授予Sphere 3D 1000萬美元的Core股權，如果其價值在和解後的18個月內下跌，則可以獲得額外的股權。Sphere 3D和Core相互發布了對方的索賠，保留了Sphere 3D因未能在Core的破產程序中及時提交索賠證據而對Gryphon Digital Mining, Inc.提出的索賠。Sphere 3D的首席執行官帕特里夏·特隆彼得表示，該和解協議提供了非稀釋性資本，以支持公司的戰略增長計劃，並允許資本回收。Sphere 3D 強調其對環境、社會和治理標準的承諾，同時專注於擴大其比特幣採礦業務。
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