ExpansionSATO Technologies has aggressive sights on expansion, including driving bitcoin mining operations to 200MW from its current 540Ph/s and 20MW as well as initiating high-performance computing initiatives.
Financial PerformanceSATO Technologies issued its full-year 2023 results with 4Q23 sales up, showing improved mining dynamics and an increase in adjusted EBITDA from the previous year.
Hardware AcquisitionSATO executed its buy-host option to procure 4,400 new-gen bitcoin miners increasing its total mining fleet and capacity.