SATO Technologies Corp.
SATO🇨🇦Reserve
SATO Technologies is a Canadian Bitcoin mining and digital infrastructure company operating a 20 MW data center in Quebec powered by 100% renewable hydroelectricity. The company mines BTC and retains it as a treasury asset, occasionally selling portions to manage operational cash flow.
BTC Holdings
9 BTC
Insufficient history
Stock Price
0.09 CAD
180d
Total financing
358.57K CAD
180d
mNAV
9.62x
180d
Leverage
0.0%
180d
BTC Credit
0 bps>10x
Sats/Share
10
180d
Mkt capFD
8.47M CAD
SharesFD
94.07M
Fiat reserve
640.62K CAD
Total reserve
1.52M CAD
Dilution
4.4%
Coverage
1.3 yr
BTC mix
0%
Analytics
BTC Coverage
Financials
IFRSQuarterlyAs of 2025-09-30
Balance Sheet
Total AssetsC$12.7M▼11.4%
Total LiabilitiesC$6M▼19.5%
Stockholders' EquityC$6.7M▼2.5%
Cash & EquivalentsC$640K▲326.7%
Total DebtC$5.6M▼15.0%
Digital AssetsC$1.5M▼53.2%
Income Statement
RevenueC$3.3M▲10.6%
Operating IncomeC$-60K▲81.8%
Net IncomeC$-280K▲63.6%
Interest ExpenseC$160K▼15.8%
Cash Flow
Operating Cash FlowC$-3.6M▼58.3%
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | Conv. price | BTC Rating |
|---|---|---|---|---|---|---|
| SATO-Mar29 | Mar '26 – Mar '29 | 15% | 340.00K CAD | 340.00K CAD | 0.09 CAD | >10x |
| Total | 340.00K CAD | |||||
Recent Changes
Tue, Mar 24, 2026
Shares Outstanding
73.3M→90.1M+16.8M(+22.9%)
After C$1.375M private placement (16,773,005 new shares across two tranches)
Second & Final Tranche Closing (C$1.375M Private Placement)Mon, Mar 16, 2026
Debt OutstandingIssuanceSATO-Mar29
340.0K
First Tranche Closing (C$867K) & Upsized to C$1.4M