Dear Shareholders, Followers, and Friends,
Happy New Year! Wishing you and your loved ones all the best for 2025—and to our followers in China, a very Happy Year of the Snake!
2024 was the year of the halving, yet we successfully navigated the challenges by focusing on efficiency. While our annual results are still pending publication, we’re confident they will showcase the progress we’ve made and the strong foundation we’ve established to deliver exceptional value to our shareholders in 2025. We have a plan!
Our growth vision for 2025 and beyond is ambitious yet clear:
Strategic Focus
With over 8 years of expertise, we are channeling our efforts into two interconnected domains: computing power for Artificial Intelligence and Bitcoin Mining. Our mission is to optimize energy efficiency by blending these workloads, leveraging Bitcoin’s flexibility to maximize our energy usage and drive innovation in the AI data center world.
Currently, we are bringing this vision to life at Center One, our flagship facility in Quebec, powered by 20 MW of clean hydro energy. We believe Quebec has unparalleled potential to become a global leader in computing power, thanks to its abundant clean energy. With Center One as a pilot, we aim to demonstrate this potential and secure support to scale our innovative data center model further. Stay tuned for exciting announcements in this space.
Expanding to the USA
While Center One operates from Quebec, our head office is in New York City, a burgeoning hub for Bitcoin and computing power, especially following the recent regulatory shifts post-election. In the U.S., our growth strategy includes strategic acquisitions and a potential dual listing. If you operate a data center or Bitcoin mining facility, we’d love to hear from you—join us in this exciting journey.
Team Building
We’re growing and looking for exceptional talents to join us in our Soho office in Manhattan. If you’re ready to be part of our journey, apply here.
Financing the Vision
As a public miner since 2021 on the TSX.V in Canada 🇨🇦 and the OTC in the US 🇺🇸, our priority lies in securing long-term financing partners to fund our long term computing power infrastructure, minimizing shareholder dilution while focusing on sustainable growth and announcing our first AI client.
We remain committed to our identity as a Bitcoin-focused company, and as much as we can, we will continue maintaining Bitcoin in our treasury, as reflected on the list available at: bitcointreasuries.net
Stay Connected
2025 will be a landmark year for computing power, and we are determined to lead the charge. Stay updated via our mailing list, X (formerly Twitter), or LinkedIn. You can also reach me directly as shown in my signature of this email—my DMs are always open!
As CEO and co-founder, it has been a privilege to lead this company for over 8 years. I am excited to share the next phase of our journey with you. Thank you for your support, and once again, best wishes to you and your family for the year ahead.
Sincerely,
Romain Nouzareth
CEO & Co-Founder - Follow me on LinkedIn or X
SATO Technologies Corp. - bysato.com
TSX.V:SATO 🇨🇦 - OTCQB:CCPU.F 🇺🇸
The forward-looking information in this letter speaks only as of the date of this letter. SATO does not intend, and does not assume any obligation, to update such forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations. Certain statements and information contained herein constitute forward-looking statements or forward-looking information (collectively “forward-looking statements”) within the meaning of applicable securities laws. Except for statements of historical fact, information contained herein constitutes forward looking statements, including but not limited to statements regarding: our annual results; a potential dual listing; the expected development of SATO’s business, projects and results; the execution of SATO’s mission, vision, growth strategy and business model and the realization of projected returns for investors. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements including, but not limited to, the risk factors described in SATO’s annual information form for the year ended December 31, 2023 and management’s discussion and analysis for the three and nine months ended September 30, 2024. Forward-looking statements should not be unduly relied upon.