Sphere 3D, an information administration firm that trades on the Nasdaq, and privately held Gryphon Digital Mining, which focuses on mining bitcoin by means of 100% renewable vitality, introduced in June they have been going public by means of a reverse merger. Beneath phrases of the deal, Sphere stated it can subject 111 million shares to Gryphon shareholders, who will management 77% of the mixed firm. Sphere holders will personal the remaining 23%.