Revenue GrowthSATO Technologies reported 4Q24 total revenue of $3.3M, a rise from $2.6M in 3Q24, generated predominantly by bitcoin self-mining while driven by higher BTC pricing with energized hash rate in the 470PH/s range at year-end.
Strategic PivotManagement's strategic pivot toward HPC in recognizing potential returns that are not only more consistent than bitcoin mining, but also easier to finance.