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SATO Technologies Corp V.SATO

Alternate Symbol(s):  CCPUF

Technology Software - Application
SATO Technologies Corp is a Canada-based company, which is primarily engaged in the cryptocurrency mining industry. The Company is engaged in deploying computing power for bitcoin mining, high power computing (HPC), and artificial intelligence (AI), through data centers designed for efficiencies in fintech industries. The Company and its subsidiaries are in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain and others. The Company operates Center One, its principal high-capacity computation facility located in Quebec, Canada, which is powered by 20 megawatts (MW) of renewable hydroelectric energy. The facility focuses on Bitcoin mining operations, generating roughly 540 PHs of mining hashrate. The Company is also in the process of launching new projects built on the Bitcoin Blockchain and the Lightning Network.


TSXV:SATO - Post by User

SATO Technologies Corp
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  • Betteryear2X
Post by Betteryear2on Apr 24, 2023 8:50am
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Post# 35410043

SATO Technologies Corp. Announces Financial Results for 2022

SATO Technologies Corp. Announces Financial Results for 2022Toronto, 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 available on the Company's website (www.bysato.com).

SATO Technologies Corp. Announces Financial Results for 2022: 74% Increase in Revenues Year over Year & Operating Cash Flow Positive for the Full Year (newsfilecorp.com)
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