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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.”
Updated May 11, 2023, 5:53 p.m. Published Sep 9, 2021, 11:49 a.m. 1 min read
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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