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Green crypto miner in Canada to go public with ticker 'SATO' paying homage to Bitcoin creator

Bloomberg
Bloomberg • 2 min read
Green crypto miner in Canada to go public with ticker 'SATO' paying homage to Bitcoin creator
The "SATO" ticker is homage to Satoshi Nakamoto, the mysterious creator of Bitcoin
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Canada Computational Unlimited Inc. has been conditionally approved for trading on the TSX Venture Exchange in Toronto under the stock symbol “SATO.”

CCU.ai, as the company calls itself, operates a high-grade, carbon-neutral Bitcoin mining centre, according to a statement. It recently gained the backing of True Global Ventures 4 Plus, a blockchain-equity fund that just closed a US$100 million raise.

“CCU.ai presents investors with an opportunity to participate in a resource efficient investment and the crypto market respectively,” Romain Nouzareth, chairman and CEO of CCU.ai, said in a statement. “We are also delighted to have obtained the SATO ticker as an homage to Satoshi Nakamoto,” a reference to the mysterious inventor of Bitcoin.

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