Bitcoin miner Sphere 3D has refuted claims of financial instability made by former partner Gryphon Digital Mining. Gryphon had requested a court block on Sphere's assets, alleging the company was on the brink of economic collapse. Sphere 3D, however, insists it has $45 million in assets and can cover any potential breach of contract judgments. The company also accused Gryphon of unnecessarily prolonging proceedings. Insiders suggest Gryphon's move may be due to its own financial difficulties. The two companies are embroiled in a legal dispute over a contract breach and an alleged unauthorized transfer of 26 Bitcoin.