Sphere 3D Corp. to acquire Cathedra Bitcoin Inc.

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.