Bitcoin Miner Sphere 3D Hit With Potential $2.2M Tariff Liability

Sphere 3D could face approximately $2.2 million in additional U.S. tariffs tied to Bitcoin mining equipment purchased in 2022, a potential liability that would represent a substantial portion of the company’s available cash. The claim, which excludes statutory interest, stems from a dispute with U.S. Customs and Border Protection (CBP) over the origin of miners […]