Mr. Romain Nouzareth reports

SATO TECHNOLOGIES CORP. ANNOUNCES OCTOBER 2023 BITCOIN MINING OPERATIONAL UPDATE

Sato Technologies Corp. has released October, 2023, bitcoin production and efficiency results, all powered by renewable energy.

October mining update (unaudited)

In October, the mining network hash rate increased by 8.6 per cent month over month.

Furthermore, Sato is providing historical financial data for analysts and investors to compare the company with its peers. This will highlight the company's strong performance relative to the largest publicly traded mining companies.

October L2 services update

On Oct. 26, Hordes Wallet -- a non-custodial bitcoin taproot wallet developed by Sato for storing ordinals -- added another art collection to its repertoire. This collection, consisting of 500 pieces from the artist Takeru Amano, represents the first step toward generating more fees for Sato.

Sato inscribed this collection on Uncommon sats, and sats from the satoshi blocks.

About Sato Technologies Corp.

Sato, founded in 2017, is a publicly listed company positioned for continuing success in deploying and infrastructure via proprietary data centres designed to provide efficient compute power tailored for the digital ecosystem for bitcoin mining, high-performance computing (HPC), artificial intelligence (AI) and L2s. The company prides itself on outstanding performance, financial stability and a top-tier team.

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