SATO Technologies Corp. is Pleased to Announce Its Participation in the H&C Wainwright's 25th Annual Global Investment Conference in New York and Other Events
Toronto, Ontario--(Newsfile Corp. - August 29, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a tech firm specializing in digital infrastructures for Bitcoin Mining, AI, and HPC , is pleased to confirm its participation in the H&C Wainwright's 25th Annual Global Investment Conference. CEO Romain Nouzareth will also be hosting one-on-one meetings in New York City during the event.Upcoming eventsSeptember 7st: Sygnum annual event, Zurich -...
2023-08-29 8:31 AM EDT
SATO Technologies Corp. Releases Its Q2 2023 Financial Results: Once Again Achieving Positive Operating Cash Flow and Net Profit
Toronto, Ontario--(Newsfile Corp. - August 21, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce financial results for the three and six months ended June 30, 2023. Please refer to the Company's Condensed Interim Consolidated Financial Statements and the accompanying Management's Discussion and Analysis for full details and discussion of the results, copies of which have been filed and are available under the Company's profile on...
2023-08-21 2:47 PM EDT
SATO Technologies Corp. Announces July 2023 Bitcoin Mining Operational Update, Achieving 100% Self-Mining Milestone
Toronto, Ontario--(Newsfile Corp. - August 2, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), one of the most performant innovation driven digital asset mining pioneers, announces July 2023 Bitcoin Production and Efficiency, and provides update regarding achieving 100% self-mining at Center One in Québec, all powered by renewable energy.July Mining Update (unaudited)In July, extreme weather and storms affected our Mining Center One, leading to several...
2023-08-02 8:00 AM EDT
SATO Technologies Corp. Refinances Existing Loan from Sygnum Bank AG to Fund AI and Bitcoin Mining Equipment Increasing Self-Mining Capacity by 358%
Toronto, Ontario--(Newsfile Corp. - July 20, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPU.F) (the "Group", or "SATO"), a highly performant innovation driven digital asset mining pioneer, ready for AI and High Performance Computing infrastructure deployment, is pleased to announce the refinancing of its existing loan (see the Company's press release of July 16, 2022), through its wholly-owned subsidiary, Canada Computational Unlimited Inc. ("CCU"), with Sygnum Bank AG ("Sygnum''),...
2023-07-20 8:00 AM EDT
Public Bitcoin Miner SATO Technologies Corp. Releases June 2023 Bitcoin Mining Operational Update
Toronto, Ontario--(Newsfile Corp. - July 6, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), one the most performant innovation driven digital asset mining pioneers, ready for AI and High Performance Computing infrastructure deployment, is pleased to announce June 2023 Bitcoin Production and Efficiency. June 2023 Highlights (unaudited):38.72 Bitcoin mined in June 2023 (Monthly average, aggregate of self-mining and hosting) or the equivalent in USD of...
2023-07-06 8:00 AM EDT
SATO Technologies Corp. Provides Results from Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - June 30, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce that all resolutions considered at its 2023 Annual General and Special Meeting of shareholders on June 30, 2023, were approved by its shareholders. Particulars of the voting are set out at the end of this news release.The resolutions approved by the shareholders present in person or represented by proxy at the meeting were:Romain Nouzareth,...
2023-06-30 1:48 PM EDT
Public Bitcoin Miner SATO Technologies Corp. Releases May 2023 Bitcoin Mining Operational Update and Provides Updates for AI and HPC Deployments
Toronto, Ontario--(Newsfile Corp. - June 2, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce May 2023 Bitcoin Production and Efficiency and give more details about AI plans. Operational Highlights (unaudited):20 MW of fully operational, high-grade, ≈100% renewable energy-based computing power generating consistent revenue0.54 EH/s of bitcoin mining power running in the facilityMay 2023 Highlights (unaudited):43.78 Bitcoin mined in...
2023-06-02 8:05 AM EDT
Public Bitcoin Miner SATO Technologies Corp. Unveils Its Q1 2023 Financial Results: Achieving Positive Operating Cash Flow and Net Profit, Continuing the Positive Trend from 2022
Toronto, Ontario--(Newsfile Corp. - May 16, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce financial results for the quarter ended March 31, 2023. Please refer to the Company's Condensed Interim Consolidated Financial Statements and the accompanying Management's Discussion and Analysis for full details and discussion of the results, copies of which have been filed and are available under the Company's profile on SEDAR...
2023-05-16 7:00 AM EDT
Public Bitcoin Miner SATO Technologies Corp. Releases April 2023 Bitcoin Mining Operational Update
Toronto, Ontario--(Newsfile Corp. - May 2, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce April 2023 Bitcoin Production and Efficiency. Operational Highlights (unaudited):20 MW of fully operational, high-grade, ≈100% renewable energy-based computing power facility generating consistent revenue0.54 EH/s of mining power running in the facilityApril 2023 Highlights (unaudited):42.29 Bitcoin mined in April 2023 (Monthly average,...
2023-05-02 8:58 AM EDT
SATO Technologies Corp. Announces Financial Results for 2022: 74% Increase in Revenues Year over Year & Operating Cash Flow Positive for the Full Year
Toronto, Ontario--(Newsfile Corp. - April 24, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce financial results for the year ended December 31, 2022. Please refer to the Company's Consolidated Financial Statements and the accompanying Management's Discussion and Analysis for full details and discussion of the results, copies of which have been filed and are available under the Company's profile on SEDAR (www.sedar.com) and are...
2023-04-24 8:00 AM EDT
SATO Technologies Corp. Renews its 20 MW of 100% Renewable Electrical Contract For Another 5 Years and Grants Options
Toronto, Ontario--(Newsfile Corp. - March 6, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a publicly listed Bitcoin mining company with 100% renewable energy, is announcing that the renewal of its electrical contract has been completed for an additional 5-year term starting in June 2023. "Our team's proactive approach towards the future growth of SATO is exemplified by the renewal of our electrical contract, which will continue to provide 20 MW of...
2023-03-06 9:10 AM EST
SATO Technologies Corp. Increases Self Bitcoin Mining Power by 25.4% To Start 2023
Toronto, Ontario--(Newsfile Corp. - January 24, 2023) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a publicly listed Bitcoin mining company with 100% renewable energy, is announcing that following the exercise of an option from the Host-Buy contract, it has acquired 325 new generation Bitcoin miners, resulting in a 25.4% increase in self-mining power to start 2023, as part of the Company's strategy to reach 100% self-mining as quickly as possible. This...
2023-01-24 9:57 AM EST
Bitcoin Mining Company SATO Technologies Corp. Announces Another Outstanding Quarter; Q3 2022 Results Show Positive Cash Flow for the Quarter and Increase of 59% in Revenues Year over Year.
Toronto, Ontario--(Newsfile Corp. - November 4, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPU.F) (the "Company", or "SATO", formerly known as Canada Computational Unlimited Corp.) is pleased to announce financial results for the three and nine months ending September 30, 2022 ("Q3/22"). Copies of the Company's Condensed Interim Consolidated Financial Statements for Q3/22 and the accompanying Management's Discussion and Analysis have been filed and are available under the Company's...
2022-11-04 8:00 AM EDT
SATO Technologies Corp. Achieves Its Goal Faster than Planned with Center One Reaching Full Capacity: 20MW of Renewable Energy Running, with Mining Power Nearing 0.6 EHs
Toronto, Ontario--(Newsfile Corp. - September 13, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO", formerly known as Canada Computational Unlimited Corp.) is pleased to announce that Center One is reaching full capacity of 20 MW. More importantly, mining power is increasing with the addition of new generation Bitcoin miners nearing 0.6 EHs in total mining power in the facility. Key Highlights of Center One Total of around 5,400 Bitcoin miners...
2022-09-13 8:00 AM EDT
SATO Technologies Corp. Announcing Financial Results for Q2 2022 Including Revenue Growth of 66% Compared to Six Months Ended June 30, 2021
Toronto, Ontario--(Newsfile Corp. - August 24, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO", formerly known as Canada Computational Unlimited Corp.) is pleased to announce that it has filed its Q2 2022 financial results for June 30, 2022 ("2022"). All amounts in this news release are in Canadian dollars.SATO is also pleased to announce the start of Center Two, with the signing of a lease agreement for 1,800 square feet of additional space starting with...
2022-08-24 8:00 AM EDT
SATO Technologies Corp. Signs a Loan Agreement with Sygnum Bank AG for CHF3,000,000 (CAD$4,000,000 Equivalent) for Financing Bitcoin Mining Equipment
Toronto, Ontario--(Newsfile Corp. - July 15, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO", formerly known as Canada Computational Unlimited Corp.) is pleased to announce the signing of a loan agreement through its wholly-owned subsidiary, Canada Computational Unlimited Inc. ("CCU"), with Sygnum Bank AG ("Sygnum'') which will allow the Company to finance an initial purchase of up to CHF3,000,000 (CAD$4,000,000 equivalent) worth of miners or equivalent....
2022-07-15 9:20 AM EDT
SATO Technologies Corp. Close to Reaching Full Bitcoin Mining Capacity at its Center One Facility
Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO", formerly known as Canada Computational Unlimited ''CCU'') is pleased to announce the signing of an agreement with Foundry Digital LLC ("Foundry") for a transaction that would make it possible for SATO to host up to 4,300 miners of new generation at Center One in Québec, all powered by renewable energy. Key Highlights of the agreement:1,500 miners of new...
2022-07-13 8:00 AM EDT
SATO Unveils Rebrand with Launch of New Name and Website
Toronto, Ontario--(Newsfile Corp. - June 13, 2022) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) ("SATO" or "the Company") (previously Canada Computational Unlimited Corp.) rolls out its new brand and website to better express its commitment to responsible Bitcoin mining. SATO's new image will be closer aligned with its mission to lead with full transparency and to cultivate community through the development of blockchain applications, particularly on the Bitcoin Blockchain and the...
2022-06-13 5:58 PM EDT
Canada Computational Unlimited Provides Results From Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - June 1, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) (OTCQB: CCPUF) ("CCU" or "the Company") is pleased to announce that all resolutions considered at its 2022 Annual and Special Meeting of shareholders on May 31, 2022, were approved by its shareholders. Particulars of the voting are set out at the end of this news release. The resolutions approved by the shareholders present in person or represented by proxy at the meeting were:The number of...
2022-06-01 11:15 AM EDT
CCU Record Financial Results for Q1 2022 Including Revenue Growth of 55% Compared to Q1 2021
Toronto, Ontario--(Newsfile Corp. - May 27, 2022) - Canada Computational Unlimited Corp. (TSXV: SATO) (OTCQB: CCPU.F) ("CCU" or "the Company") is pleased to announce its Q1 2022 financial results for March 31, 2022 ("2022"). All amounts in this news release are in Canadian dollars. 2022 HighlightsTotal revenue of $1,709,266 in Q1 2022 which represents growth of 55% compared to Q1 2021Revenue from hosting in Q1 2022 grew 2,928% compared to Q1 2021Gross profit excluding depreciation was...
2022-05-27 10:03 AM EDT