tiprankstipranks
SATO Technologies Reports Dip in June Bitcoin Production
Company Announcements

SATO Technologies Reports Dip in June Bitcoin Production

SATO Technologies (TSE:SATO) has released an update.

SATO Technologies Corp., a Bitcoin computing company using renewable energy, has reported a decrease in both its average operating hashrate and Bitcoin production for June 2024. Despite a recent incident at their Center 1 facility, the firm earned 11 BTC for the month, with mining revenue amounting to $727,492. The company’s total assets, including Bitcoin holdings and cash, were valued at over $4 million by the end of June.

For further insights into TSE:SATO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSATO Technologies Shareholders Show Full Support
TipRanks Canadian Auto-Generated NewsdeskSATO Technologies Endures Crypto Volatility
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!