CompletedOther5 March 2026

Sphere 3D Corp. to acquire Cathedra Bitcoin Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Sphere 3D Corp.
Target
Cathedra Bitcoin Inc.
Deal value
Not disclosed
Announced
5 March 2026
Status
Completed
Sector
Other
Country
Canada
Consideration
shares
What we know

Sphere 3D Corp. has agreed to acquire Cathedra Bitcoin Inc. in a strategic acquisition structured as a share consideration. The transaction was announced on 5 March 2026 and subsequently completed on 1 June 2026. Both entities are based in Canada, operating within a sector classified broadly as Other. The specific financial value of the deal was not disclosed to the public, and no currency was reported for the consideration exchanged between the parties.

The acquisition brings the target company under the ownership of the buyer, finalising the transaction after the regulatory and operational processes were concluded. As the deal has already been completed, no further regulatory approvals are pending for the parties involved. This transaction represents a consolidation within the Canadian market, uniting the two companies under a single corporate structure. The completion date marks the official transfer of control and integration of the target business into the buyer's operations.

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Deal timeline

1 update
  1. CompletedClosed

    Sphere 3D Corp. completes acquisition of Cathedra Bitcoin Inc.

    Introductory Note As previously announced, on March 5, 2026, Sphere 3D Corp., a company existing under the laws of the Province of Ontario, Canada ("Sphere"), S3D Acquisition Corp., a company existing under the laws of the Province of British Columbia, Canada and a wholly-owned subsidiary of Sphere ("Amalco Sub"), and Cathedra Bitcoin Inc., a company existing under the laws of the Province of Brit

    Source

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