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Simple Mining acquires Sphere 3D Bitcoin site

PRIVATEOct 07, 2026

Acquiring Company

Simple Mining

Acquired Company

Sphere 3D

IowaMississaugaBlockchainCryptocurrencyMiningMining TechnologyData MiningInformation TechnologySoftware3D Technology

Description

Simple Mining has completed the acquisition of Sphere 3D's Bitcoin mining site located in Iowa. This move expands Simple Mining's platform capacity to nearly 160 MW, enhancing its position in the crypto mining industry.

Company Information

Company

Simple Mining

Location

Iowa, United States

About

Simple Mining is a technology company focused on innovative solutions in the cryptocurrency and Bitcoin mining sectors. With a commitment to building efficient and scalable mining operations, it aims to become a leader in the digital currency space.

Fundz sees it the moment Simple Mining makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Sphere 3D?

Sphere 3D was acquired by Simple Mining, based in Iowa. The deal was reported on October 7, 2026. Simple Mining is a technology company focused on innovative solutions in the cryptocurrency and Bitcoin mining sectors. Simple Mining is privately held and operates in Blockchain.

When did Simple Mining acquire Sphere 3D?

Simple Mining's acquisition of Sphere 3D was reported on October 7, 2026. Simple Mining has completed the acquisition of Sphere 3D's Bitcoin mining site located in Iowa. This move expands Simple Mining's platform capacity to nearly 160 MW, enhancing its position in the crypto mining industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sphere 3D do?

Sphere 3D Corp. is a technology company incorporated in Ontario, focused on providing innovative solutions in the field of cloud computing, virtualization, and storage technologies. It is publicly traded (DRK), operating in Information Technology, and is based in Mississauga.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.