Sphere 3D plans $10.3M share sale program to fund operations

Bitcoin miner Sphere 3D said it plans to launch a $10.3 million at-the-market common stock program to secure operating funds. Under the program, the company can issue and sell common shares from time to time at market prices through designated sales agents or brokers. Sphere 3D also said it plans to raise funds by selling mined BTC when needed.