MIAMI – March 9, 2026 – Global law firm Greenberg Traurig, P.A. represented Cathedra Bitcoin Inc. (TSXV: CBIT) (OTCQB: CBTTF), a company that builds, develops, and operates power infrastructure facilities for use in high density computing, in its agreement to combine with Sphere 3D Corp., a Nasdaq-listed bitcoin mining company, in an all-stock transaction.
Under the terms of the agreement, Sphere will acquire all of the issued and outstanding shares of Cathedra. Cathedra security holders will receive Sphere common shares and/or securities exchangeable or convertible into Sphere common shares totaling approximately 49% of the company’s share capital immediately following closing, according to Cathedra Bitcoin’s press release.
The transaction is subject to customary closing conditions, including regulatory, court, and shareholder approvals. The next-generation high density computing power infrastructure company will focus on high-performance compute, digital assets, energy optimization, and power and infrastructure development, according to Cathedra Bitcoin’s press release. The combined company will retain Sphere’s name and is expected to continue its listing on Nasdaq under the symbol “ANY.”
The Greenberg Traurig team advising Cathedra Bitcoin is led by Miami Corporate Shareholders Sami B. Ghneim and Raffael Fiumara, Co-Chair of the firm’s Global Corporate Practice Daniella Genet Silberstein, and Miami Corporate Shareholder Guillaume Le Masson, with assistance from Associate Joshua Yagur and Law Clerk Angel A. Marcial.
The cross-office team also includes Co-Chair of the Global Employee Benefits & Compensation Practice Mindy B. Leathe, San Francisco Labor & Employment Shareholder Brian B. Kelly, and New York Benefits & Compensation Associate Phillip Popkin.