Eco-Friendly Canadian Bitcoin Mining Firm Goes Public

Share Article
In Brief
  • BTC mining firm will trade on TSX Venture Exchange under 'SATO' ticker as homage to Satoshi Nakamoto.

  • Canada Computational Unlimited Inc. operates a carbon-neutral mining facility.

  • is backed by TGV 4Plus.

  • promo

    Bybit Launchpool: Stake BIT to Earn BIT. Redeemable Anytime. Join Now!

The Trust Project is an international consortium of news organizations building standards of transparency.

An environmentally friendly bitcoin mining center went public this week under the stock symbol ‘SATO.’ 



A Canada-based bitcoin mining company went public this week on the TSX Venture Exchange in Toronto. Its entrance into the trading arena is under the stock symbol “SATO” in homage to bitcoin founder Satoshi Nakamoto

Canada Computational Unlimited ( is a high-grade, carbon-neutral bitcoin mining operation.  Recently, the company gained backing from blockchain-equity fund True Global Ventures 4Plus.  TGV 4Plus just raised $100 million in funding prior to the cooperation.



Romain Nouzareth, chairman and CEO of the mining operator, commented on the landmark. “ presents investors with an opportunity to participate in a resource-efficient investment and the crypto market respectively,” he said. “We are also delighted to have obtained the SATO ticker as an homage to Satoshi Nakamoto,” a reference to the mysterious inventor of bitcoin.

Meanwhile, the founder of TGV 4 Plus, Dusan Stojanovic, said a compelling factor of the partnership is’s ecofriendly approach. The Canadian bitcoin mining firm runs 100% on hydroelectricity. 

The SATO stock will tentatively begin trading on Sept 21, according to the statement. 

Green bitcoin is the future is not the only crypto-centric company with a green focus. The crypto space as a whole has a new environmentally friendly focus, a trend that will likely lead the sector into the future. 

Earlier in the year, the big news of Tesla dropping bitcoin for environmental reasons shook the industry. Crypto mining can cause its surrounding environments a lot of strain. The news of a bitcoin mining facility on a New York lake sparked major controversy over its alleged environmental impact. 

Environmental activists targeted the crypto industry as it continues its growth into mainstream markets and more seek to enter the space. 

However, there are signs of the crypto world “going green.” The shift towards clean energy from mining companies is apparent according to a Cambridge study. Canada Computational Unlimited is an example of such an improvement. 


All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Share Article

Savannah Fortis is a multimedia journalist covering stories at the intersection culture, international relations, and technology. Through her travels she was introduced to the crypto-community back in 2017 and has been interacting with the space since.

Follow Author

Limited offer! Learn to mine and trade crypto today for free


Bit2Me ICO JUST STARTED! Buy B2M token now.

Buy now!

The BIT Time Rush. 8M BIT to Be Won. Three Innings; Massive Winnings.

Join Now!