Mr. Romain Nouzareth reports

SATO TECHNOLOGIES CORP. ANNOUNCES JANUARY 2024 BITCOIN COMPUTING OPERATIONAL UPDATE AND SOME FULL YEAR 2023 UNAUDITED HIGHLIGHTS

SATO Technologies Corp. has released its January, 2024, bitcoin production and efficiency results, powered by renewable energy.

January mining update and full-year comparatives (unaudited)

In January, the mining network hashrate increased by 3.56 per cent month-over-month. As part of the company's load shedding agreement with Hydro Joliette, it sustained 33 hours of load shedding, which represents around 4.44 per cent of the company's monthly operating hours.

About Sato Technologies Corp.

Sato, founded in 2017, is a publicly listed company providing efficient computing power. The company currently operates one centre tailored to produce compute power for bitcoin mining, but may look to expand or add additional centres for high-power computing (HPC), artificial intelligence (AI) and L2s.

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