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Bitcoin Miner Canada Computational Unlimited to Go Public

The company is set to trade on the TSX Venture Exchange in Toronto under the ticker symbol “SATO.”

By Jamie Crawley
AccessTimeIconSep 9, 2021 at 11:49 a.m. UTC
Updated May 11, 2023 at 5:53 p.m. UTC
Quebec flag. (Derek R. Audette/Shutterstock)
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Canada Computational Unlimited (CCU.ai), operator of a carbon-neutral bitcoin mining center in Québec, has received conditional approval to go public on the Toronto Stock Exchange (TSX) through a reverse merger with Capricorn Business Acquisition.

  • CCU.ai’s bitcoin mining center has a contract of 20 megawatt (MW) of excess carbon-neutral energy, the company said Tuesday.
  • The company is expected to begin trading on the TSX Venture Exchange in Toronto on or about Sept. 12 under the ticker symbol “SATO.”
  • The proceeds of CCU.ai’s June fundraising were placed into escrow pending the completion of the deal, which was announced in May.
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    Jamie Crawley
    Jamie Crawley

    Jamie Crawley is a CoinDesk news reporter based in London.

    Follow @JamieCrawleyCD on Twitter

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