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Green crypto mine in Canada is all set to go public with SATO

The Green crypto miner of Canada is now all set to make its public appearance with the ticker SATO.

Green Crypto Mine
Photo By "BNN Bloomberg"

Canada Computational Unlimited Inc has recently got its trading approval on TSX Venture Exchange in Toronto. It will work under the stock symbol of SATO. CCU.ai, the Green Crypto miner company, operated as a high-grade bitcoin mining company. It is particular about doing carbon-neutral mining. It has recently gained backing from True Global Ventures 4 Plus. True Global Ventures is a blockchain equity fund. It has closed a $100 million raise on a recent note.

The green crypto miner company CCU.ai presents its investors with a great chance to enter a crypto investment market that is highly efficient with its resources. The company focuses on reducing the carbon footprint due to bitcoin mining.

“CCU.ai presents investors with an opportunity to participate in a resource-efficient investment and the crypto market respectively,” Romain Nouzareth, chairman and CEO of CCU.ai, said in a statement. “We are also delighted to have obtained the SATO ticker as an homage to Satoshi Nakamoto,” a reference to the mysterious inventor of Bitcoin.

The stock is about to begin its trading on or after September 12, according to a statement from the company. The approval that it has got is a formal arrangement that came during the date of listing.

The environmental effect that the energy consumption in bitcoin mining created has been a major global concern for years. Recently Tesla co-founder Elon Musk raised his issue regarding the carbon footprint and environmental impact due to bitcoin mining. This is one of the major reasons why Tesla has denied accepting bitcoin as a form of payment.

TGV 4 Plus founder Dusan Stojanovic said that the fund found CCU.ai’s strategy quite attractive. Among all other things, the company is running 100% on hydroelectricity and includes numerous ways for growth. It will help other centers around the world grow strategically.

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