22:26:07 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Sato Technologies Corp
Symbol SATO
Shares Issued 72,585,462
Close 2023-05-02 C$ 0.39
Market Cap C$ 28,308,330
Recent Sedar Documents

Sato Technologies mines 42.29 bitcoin in April

2023-05-02 16:59 ET - News Release

An anonymous director reports

PUBLIC BITCOIN MINER SATO TECHNOLOGIES CORP. RELEASES APRIL 2023 BITCOIN MINING OPERATIONAL UPDATE

Sato Technologies Corp. has provided an update on its April, 2023, bitcoin production and efficiency.

Operational highlights (unaudited):

  • 20 megawatts of fully operational, high-grade, approximately 100-per-cent-renewable-energy-based computing power facility generating consistent revenue;
  • 0.54 exahash/second of mining power running in the facility.

April, 2023, highlights (unaudited):

  • 42.29 bitcoin mined in April, 2023 (monthly average, aggregate of self-mining and hosting);
  • 5,602 average rigs operating throughout the month;
  • Weighted average bitcoin mined per one EH/S: 79.19 BTC (compared with 90.27 BTC in average for Q1 2023);
  • Bitcoin mined on site per day: 1.41 BTC (daily average, aggregate of self-mining and hosting);
  • Around 65 per cent of securities (on a fully diluted basis) owned by officers, directors, insiders and shareholders above 7 per cent with long-term vision.

About Sato Technologies Corp.

Sato, founded at bitcoin block 494673 in 2017, is a vertically integrated innovator in the field of computing power commodities, specializing in low-cost bitcoin mining by efficiently operating a 20 MW data centre that generates nearly 0.6 exahash of mining power. Listed on the TSX Venture Exchange and the OTCQB since 2021, the company prides itself on outstanding performance, financial stability and a top-tier team.

We seek Safe Harbor.

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