[Cathedra Bitcoin and Sphere 3D Merge to Expand AI and High-Performance Computing Business] Bitcoin mining company Cathedra Bitcoin announced a merger agreement with technology company Sphere 3D through an all-stock transaction. After the merger, the new company will retain the Sphere 3D name and its Nasdaq listing status, operating five data centers in Tennessee, Kentucky, and Iowa, with a capacity of 53 MW and 1.2 EH/s Bitcoin mining infrastructure. Cathedra Bitcoin shareholders will receive 49% of the issued shares of the merged company. The new company plans to expand to 100 MW of operational capacity and provide AI and high-performance computing services.