coindesk.com
Canada Computational Unlimited (CCU.ai), operator of a carbon-neutral mining center in Québec, has gone public on the Toronto Stock Exchange (TSX) through a merger with Capricorn Business Acquisition.
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CCU.ai’s bitcoin mining center has a contract of 20MW of excess carbon-neutral energy, the company said Tuesday.
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The company is expected to begin trading on the TSX Venture Exchange in Toronto on Sept. 12 under the ticker symbol “SATO.”
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The proceeds of CCU.ai’s June fundraising were placed into escrow pending the completion of the deal, which was announced in May.
Read more: Why Crypto Miners Are Expanding Beyond Quebec