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SATO Technologies Corp (CCPUF) is a Bitcoin computing organization founded in 2017, providing efficient computing power. The company operates a data center for Bitcoin Mining and plans to expand to additional centers for High Power Computing, Artificial Intelligence, and L2's. In April 2024, SATO strategically enhanced its operations with new rig acquisitions, aiming to reach a 1 EH/s capacity. The company's CEO, Romain Nouzareth, highlighted the importance of increasing mining efficiency and maximizing shareholder value. Despite facing challenges like a fire incident in June 2024 that affected a portion of its equipment, SATO remains committed to operational excellence and reliability.
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SATO Technologies Corp. (TSXV: SATO) has been included in the TSX Venture 50 due to a 367% increase in stock price in 2023. The company's strong performance is attributed to market capitalization growth, share price appreciation, and trading volume. SATO's focus on efficient computing power and Bitcoin infrastructure has positioned it well for future success.
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SATO Technologies Corp. has engaged Power Mining Analysis Ltd. to execute a digital media marketing campaign to increase brand familiarity and recognition. The campaign will run for three months at a cost of USD$3,500 per month, with no compensation securities involved. Power has no present interest in the Company or its securities, but may acquire securities in the future.
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SATO Technologies Corp. announces January 2024 Bitcoin Production and Efficiency, with a 3.56% increase in the mining network hashrate. The company sustained 33 hours of load shedding, representing around 4.44% of its monthly operating hours. The Total Hashrate capacity installed at the end of January 2024 was 0.54 EH/s, with an average operating Hashrate of 0.51 EH/s. The company earned 1313826095 BTC and generated a mining revenue of $1,345,475 in January 2024. The total revenue for the same period was $1,345,475. The company's cash position was $1,239,822, and the electricity usage cost per BTC was $6,484 in January.
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SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) announces December 2023 Bitcoin Production and Efficiency, powered by renewable energy. The mining network hashrate increased by 6.54% month over month. Key metrics show a total hashrate capacity of 0.54 EH/s, with 383536 BTC mined on site and mining revenue of $1,619,186. SATO has a BTC HODL value of $1,704,469 and a cash position of $1,661,022.
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SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) announces November 2023 Bitcoin Production and Efficiency, all powered by renewable energy. SATO's average operating hashrate for November would have been 0.538 EH/s excluding a 28-hour halt. The mining network hashrate increased by 6.75% month over month. The company's mining revenue for November was $1,261,016. SATO is also providing historical financial data for analysts and investors to compare its performance relative to the largest publicly traded mining companies.
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SATO Technologies Corp. (SATO) (TSXV: SATO) (OTCQB: CCPUF) announces financial results for the three and nine months ended September 30, 2023. Highlights include a 46% revenue growth in Q3-2023, positive EBITDA, and an efficient transition to self-mining.
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SATO Technologies Corp., a digital asset mining organization, announces October 2023 Bitcoin Production and Efficiency. The mining network hashrate increased by 8.60% month over month. Total BTC mined on site was 36,363 with a mining revenue of $1,073,306. BTC sold was 33,364 and BTC HODL was 3,835. Cash position was $1,314,895.
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SATO Technologies Corp. announces promising findings from a study on reusing heat generated from digital asset machines for Bitcoin mining. The recoverable heat energy potential ranges from 68% to 88% for the MicroBT WhatsMiner model and from 66% to 86.33% for the Bitmain Antminer model. This could lead to reduced energy costs and environmental impact in the digital asset sector.
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SATO Technologies Corp. expands into Bitcoin software L2s infrastructure and introduces new products and services
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SATO Technologies Corp. announces September 2023 Bitcoin Production and Efficiency, with a 5.44% increase in mining network hashrate. Total BTC mined on site was 363937, with mining revenue of $954,016. SATO also provides historical financial data highlighting its top-tier ranking among mining companies.
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FAQ
What is the current stock price of SATO TECHNOLOGIES (CCPUF)?
The current stock price of SATO TECHNOLOGIES (CCPUF) is $0.1392 as of January 8, 2025.
What is the market cap of SATO TECHNOLOGIES (CCPUF)?
The market cap of SATO TECHNOLOGIES (CCPUF) is approximately 11.4M.
When was SATO Technologies Corp founded?
SATO Technologies Corp was founded in 2017.
What does SATO Technologies Corp specialize in?
SATO Technologies Corp specializes in providing efficient computing power, primarily for Bitcoin Mining.
What expansion plans does SATO have?
SATO may expand to additional data centers for High Power Computing, Artificial Intelligence, and L2's.
Who is the CEO of SATO Technologies Corp?
Romain Nouzareth is the CEO and Chairman of SATO Technologies Corp.
What challenges did SATO face in June 2024?
SATO faced a fire incident in June 2024 that affected a portion of its equipment, leading to service disruptions.
How does SATO plan to maximize shareholder value?
SATO plans to increase mining efficiency and optimize operations to maximize shareholder value.
Where can I find more information about SATO Technologies Corp?
For additional information, visit the SATO website at www.bysato.com.
What is SATO's stock symbol?
SATO Technologies Corp is listed under the stock symbol CCPUF.
What sets SATO apart in the Bitcoin computing industry?
SATO focuses on strategic rig acquisitions, operational efficiency, and seizing market opportunities to stay competitive.
How does SATO prioritize safety and reliability?
SATO puts the safety and well-being of its employees first and implements contingency plans to mitigate disruptions.
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