SATO Technologies Reports Results for Q1 2025
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") a provider of high-density compute infrastructure, today announced its unaudited financial results for Q1 2025. The Q1 results were impacted by the relatively low price of Bitcoin, increased network difficulty, and scheduled maintenance on parts of the Company's electrical infrastructure; however, general and administrative expenses and overall costs continued to decline. Please refer to the Company's Financial Statements and the accompanying...
2025-05-28 5:30 PM EDT
SATO Technologies Reports Profitability and Strengthened Balance Sheet for Fiscal Year 2024
Toronto, Ontario--(Newsfile Corp. - April 29, 2025) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") a provider of high-density compute infrastructure, today announced its audited financial results for the fiscal year ended December 31, 2024. Despite significant industry shifts, including the Bitcoin Halving event in April, SATO delivered a profitable year and continued to strengthen its balance sheet. Please refer to the Company's Audited Financial Statements and the accompanying Management's Discussion and Analysis for full details...
2025-04-29 7:41 PM EDT
SATO Appoints Céline Billant as Managing Director, Head of Corporate Development, to Drive AI & HPC Infrastructure Expansion
Toronto, Ontario--(Newsfile Corp. - March 4, 2025) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce that Céline Billant has joined SATO as Managing Director, Head of Corporate Development, bringing two decades of expertise in project finance and infrastructure development for some of the world's leading investors and developers. With a proven track record in structuring and executing complex financial strategies, she has played a key role in shaping large-scale infrastructure projects and infrastructure...
2025-03-04 8:15 AM EST
SATO Technologies Corp. Announces January 2025 Bitcoin Computing Operational Update; Company to Participate in the "Digital Assets 2025: To Bitcoin and Beyond," Virtual Conference Presented by Maxim Group
Toronto, Ontario--(Newsfile Corp. - February 10, 2025) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces January 2025 Bitcoin Production and Efficiency, powered by renewable energy.Bitcoin Computing Operational Update (unaudited)In January the average monthly hashrate increased by 0.33% compared to December. Like last month, we proactively adjusted our mining hashrate to account for the variable temperatures, ensuring optimal Bitcoin production while efficiently managing energy consumption. By leveraging both our proprietary in-house software...
2025-02-10 8:30 AM EST
SATO Technologies Corp. Announces November 2024 Bitcoin Computing Operational Update and Engagement of Independent Trading Group as Market Maker
Toronto, Ontario--(Newsfile Corp. - December 12, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces November 2024 Bitcoin Production and Efficiency, powered by renewable energy. Additionally, the Company announces that, subject to regulatory approval, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services in accordance with TSX Venture Exchange ("TSXV"), policies. Bitcoin Computing Operational Update (unaudited)In November, the average monthly hashrate2 increased by 3.92% compared...
2024-12-12 8:30 AM EST
Bitcoin Company SATO Technologies Corp. Reports Q3 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - November 22, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPU.F) (the "Company", or "SATO") is pleased to announce unaudited financial results for the three and nine month periods ended September 30, 2024. Please refer to the Company's Unaudited Condensed Interim 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.sedarplus.ca)...
2024-11-22 7:30 AM EST
SATO Technologies Corp. Announces Expansion into Next Gen Power Infrastructures for AI/HPC with a Vision to Build Large Scale Computing-Power Factories
Toronto, Ontario--(Newsfile Corp. - October 24, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a leader in efficient Bitcoin computing started in 2017 and publicly listed since 2021 on the Canadian TSX Venture Exchange, is announcing a transformative expansion of its business strategy. Building on its established expertise in the high performance computing blockchain sector, SATO plans to expand its digital infrastructure offerings to include advanced and efficient computing infrastructures for Artificial Intelligence (AI), High-Performance...
2024-10-24 8:30 AM EDT
Bitcoin Company SATO Technologies Corp. Reports Q2 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - August 28, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce unaudited financial results for the three and six month periods ended June 30, 2024. Please refer to the Company's Unaudited Condensed 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.sedarplus.ca) and are...
2024-08-28 8:00 AM EDT
SATO Technologies Corp. Announces July 2024 Bitcoin Computing Operational Update
Toronto, Ontario--(Newsfile Corp. - August 6, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces July 2024 Bitcoin Production and Efficiency, powered by renewable energy.Bitcoin Computing Operational Update (unaudited)In July, the mining network hashrate2 increased by 5.92% month over month. The average operating hashrate at Center 1 was slightly down in June following an incident at the facility (see press release here). During the month, we initiated and nearly completed...
2024-08-06 12:45 PM EDT
Bitcoin Conference Nashville: SATO Technologies Corp. Announces Club Mining, an App Built on Bitcoin for Bitcoin Miners Around the World.
Toronto, Ontario--(Newsfile Corp. - July 25, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPU) ("the Company" or "SATO"), a Bitcoin computing organization, announces Club Mining, an iOS and Android app designed for solo Bitcoin miners and Bitcoin enthusiasts globally. Initially, SATO is allocating some of its mining power to the first users, giving out mining sats, for free, especially during the Bitcoin Conference in Nashville. At the Bitcoin Conference, a 10-second video presentation will be played on all the...
2024-07-25 8:00 AM EDT
SATO Technologies Corp. Announces June 2024 Bitcoin Computing Operational Update
Toronto, Ontario--(Newsfile Corp. - July 5, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces June 2024 Bitcoin Production and Efficiency, powered by renewable energy.Bitcoin Computing Operational Update (unaudited)In June, the mining network hashrate2 decreased by 3.44% month over month. Average Operating Hashrate at Center 1 was down slightly in June following an incident that occurred in the facility (see press release here).
2024-07-05 8:30 AM EDT
SATO Technologies Corp. Provides Results from Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - June 17, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce that all resolutions considered at its 2024 Annual General and Special Meeting of shareholders on June 14, 2024, were approved by its shareholders. Particulars of the voting are set out at the end of this news release.The resolutions approved by the shareholders present in person or represented by proxy at the meeting were:Romain Nouzareth, Frank Di Tomaso, Dominique Payette,...
2024-06-17 7:30 AM EDT
SATO Technologies Corp. Announces May 2024 Bitcoin Computing Operational Update
Toronto, Ontario--(Newsfile Corp. - June 6, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces May 2024 Bitcoin Production and Efficiency, powered by renewable energy.May Bitcoin Computing Operational Update (unaudited)In May, the mining network hashrate2 decreased by 3.8% month over month. Key Metrics
2024-06-06 10:28 AM EDT
SATO Technologies Corp. Reports Limited Incident at the Building Hosting Data Center One
Toronto, Ontario--(Newsfile Corp. - June 2, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") reports an incident that occurred on the night of Saturday, June 1st, at the building where Center One is located. A fire broke out in the oldest part of the building housing the company's computing equipment, followed by limited water damage as the fire suppression system activated.The damage has affected approximately 40 PHs of the equipment out of the 560 PHs operating in...
2024-06-02 9:25 PM EDT
Compute Power Company SATO Technologies Corp. Reports Q1 2024 Financial Results
Toronto, Ontario--(Newsfile Corp. - May 21, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is pleased to announce financial results for the three month period ended March 31, 2024. Please refer to the Company's Condensed 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.sedarplus.ca) and are available on the Company's...
2024-05-21 11:02 AM EDT
SATO Technologies Corp. Announces April 2024 Bitcoin Computing Operational Update
Toronto, Ontario--(Newsfile Corp. - May 6, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces April 2024 Bitcoin Production and Efficiency, powered by renewable energy.April Bitcoin Computing Operational Update (unaudited)In April, the mining network hashrate2 increased by 4.4% month over month. On April 19th, 2024, the halving event occurred which resulted in the block reward being divided in half. SATO strategically enhanced its operations by purchasing a mix of Bitmain S19K...
2024-05-06 8:30 AM EDT
SATO Technologies Corp. Announces End of Agreement with MTI Conseils Inc.
Toronto, Ontario--(Newsfile Corp. - April 19, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, today announced that its agreement with MTI Conseils Inc., a Quebec-based advisory firm, will end effective May 24, 2024. MTI Conseils Inc., provided consulting services, including COO services, to SATO via a designated consultant, Ms. Fanny Philip. Moving forward, the services previously rendered by MTI Conseils Inc. and its designee will be transitioned in-house under the supervision of...
2024-04-19 7:45 AM EDT
SATO Technologies Corp. Announces March 2024 Bitcoin Computing Operational Update
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO"), a Bitcoin computing organization, announces March 2024 Bitcoin Production and Efficiency, powered by renewable energy.March Bitcoin Computing Operational Update (unaudited)In March, the mining network hashrate2 increased by 5.01% month over month. As part of our load shedding agreement with Hydro Joliette, we curtailed our operations for 1.34 hours of load shedding which represents around 0.18% of our monthly operating hours.
2024-04-04 8:32 AM EDT
SATO Technologies Announces Appointment of Andrew Bond to Board of Directors and Departure of Fred Pye
Toronto, Ontario--(Newsfile Corp. - April 1, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") today announced the appointment of Andrew Bond to its Board of Directors, effective April 1, 2024. Mr. Bond will be replacing Fred Pye, who has chosen to step down from the Company's Board to focus on personal pursuits following the sale of his company 3iQ. Andrew Bond is a Wall Street veteran with experience across capital markets, trading, equity research, and...
2024-04-01 8:30 AM EDT
SATO Technologies Corp. Engages Benzinga
Toronto, Ontario--(Newsfile Corp. - March 25, 2024) - SATO Technologies Corp. (TSXV: SATO) (OTCQB: CCPUF) (the "Company", or "SATO") is announcing that it has engaged Accretive Capital LLC of Delaware, which does business under the name Benzinga ("Benzinga"), to provide marketing services in support of SATO's ongoing efforts to increase awareness. Benzinga was founded in 2010 by Jason Raznick and has grown to become a hub for actionable information on the capital markets with approximately 25 million readers each month....
2024-03-25 6:41 PM EDT