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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.”
Par Jamie Crawley
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.
Read more: Why Crypto Miners Are Expanding Beyond Quebec
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