Satoshi Energy

What Satoshi Energy does

Satoshi Energy Corporation is a Houston, Texas-based (Delaware-incorporated) energy technology company that operates at the intersection of renewable power generation, bitcoin mining, and AI/HPC data center demand. Founded in 2019 by CEO Andrew Myers and COO Brock Petersen — who met studying renewable energy in Australia in 2009 and previously spent a decade in energy technology roles — the company built a two-product platform: a Powered Land development business that develops construction-ready sites co-located with power generation assets (primarily wind in ERCOT), and Bitcurrent, a modular software platform purpose-built for energy transactions at scale. Bitcurrent comprises three modules — Energy Manager for data-driven energy strategy, Settlement Manager for high-frequency invoicing and payments, and Collateral Manager for bitcoin-based collateral and automated margin management — enabling transactions to settle in USD or bitcoin. Satoshi Energy earns revenue through negotiated Bitcurrent software subscriptions, development and advisory fees (site selection, interconnection, regulatory navigation, contract structuring), and ongoing economics tied to structured PPAs between generators and colocated data center operators. The company is private, venture-backed by a 60 BTC (~$3M) seed round in January 2022 led by Stillmark, and reports a contracted portfolio of 467 MW (70 MW operating, 397 MW under construction) plus a 2,000+ MW development pipeline across projects in the ERCOT market, including named projects such as Stargazer (140 MW, operating), Orange Roughy (122 MW), and Hammerhead (205 MW). Go-to-market is direct enterprise field sales with no resellers or self-serve channels, targeting two primary verticals — renewable power generators and bitcoin/AI/HPC data center developers — as well as energy traders and project financiers on a secondary basis.

Name

Satoshi Energy

Legal name

Satoshi Energy Corporation

Website

https://satoshienergy.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Satoshi Energy develops construction-ready power sites co-located with renewable generation and operates Bitcurrent, a modular energy transaction platform, serving renewable generators and bitcoin, AI, and HPC data center operators primarily in ERCOT.

Ownership category

akta.pro rank

Product category

Energy Infrastructure Software

NAICS

Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911), Finance Services (6199)

akta.pro primary industry

Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)

akta.pro secondary industries

Development-Stage M&A & Portfolio Acquisition (Early-Stage/Ready-to-Build) (EUAMAAAF), Mining Infrastructure & Energy Procurement (Power, Cooling, Grid Services) (FSADAOAG)

Keywords

• Energy infrastructure development
• Data center power procurement
• Energy transaction software
• Renewable energy colocation
• Bitcoin mining energy

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Platform (Bitcurrent) Licensing: Bitcurrent platform is offered as a licensed software solution to both data centers and energy suppliers under module agreements and statements of work, with fees billed on a per-module or subscription basis. Clients pay for Platform Services, Associated Services, and professional implementation services under negotiated agreements.
2. Development and Advisory Services: Satoshi Energy earns fees for site development, financial due diligence, interconnection navigation, regulatory compliance, contract structuring, and project management services for both generators and data center developers. Services are structured under Statements of Work or Module Agreements.
3. Powered Land Development (Co-location): The company develops and markets construction-ready power sites to data center companies, generating development fees and ongoing revenue from colocated power purchase agreements. The platform connects generation and substation owners with data center developers to maximize project returns.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Satoshi Energy develops construction-ready power sites colocated with renewable energy generation assets for data center deployment (Powered Land development) and provides the Bitcurrent software platform — a modular energy transaction system enabling real-time invoicing, settlement, and bitcoin-denominated payments for energy transactions between power generators and data center operators. The company also delivers advisory services covering site selection, interconnection, regulatory navigation, and contract structuring.

Product overview

Satoshi Energy operates as an integrated energy technology platform comprising three core offerings: (1) Development/Speed to Power for developing and marketing construction-ready data center sites colocated with power generation assets; (2) Bitcurrent software platform providing modular solutions including Energy Manager, Settlement Manager, and Collateral Manager for transparent energy transactions; and (3) Energy Advisory services offering expertise in site selection, financial due diligence, interconnection, regulatory navigation, and contract structuring. The platform targets both power generators seeking to maximize returns and data center companies seeking reliable, cost-effective energy procurement.

Differentiator

Problem solved

Functional benefit

Brands

• Bitcurrent: A platform for fast, accurate, transparent energy transactions. The platform enables energy suppliers and data center companies to transact with trust, offering Energy Manager, Settlement Manager, and Collateral Manager modules for optimizing energy strategies, automated invoicing and payments, and leveraging digital currency as collateral.

Products and services

• Development (Speed to Power) Development and marketing of construction-ready energy sites to a global network of qualified data center companies. The Powered Land Pipeline includes pre-negotiated land leases, interconnection agreements, and PPA structures connected to power generation assets, helping generation and substation owners maximize project returns through data center colocation.
• Bitcurrent A modular software platform for fast, accurate, transparent energy transactions that adds transparency and eliminates risk in large power deals. The platform enables energy suppliers and data center companies to unlock capital and transact with trust, with modules including Energy Manager, Settlement Manager, and Collateral Manager.
• Energy Advisory Expert advisory services for power generation, data center, and financing parties covering site selection, financial due diligence, interconnection, regulatory navigation, structuring power and facility contracts, and streamlined settlements for large-load development projects.

Quantifiable outcome

• 467 MW contracted under definitive agreements (70 MW operating, 397 MW under construction)
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• EdgeConneX: Global hyperscale and edge data center developer with established site-development capabilities and power-procurement expertise; relevant as a larger incumbent operating in the same powered-land and colocation space.
• MARA Holdings: Largest publicly traded bitcoin miner with diversified energy strategies including owned and hosted sites; relevant as a broad incumbent evaluating similar renewable-plus-mining and AI/HPC strategies.

Direct peers

• TeraWulf: Public bitcoin mining company that builds and operates mining facilities directly at power generation sites (notably nuclear and in Pennsylvania/Maryland). TeraWulf is the most direct public-market analog to Satoshi Energy's generator-colocation thesis.
• Iris Energy: Renewable-powered bitcoin miner operating data centers directly connected to wind, solar, and hydro generation across the U.S., Canada, and Asia-Pacific. Closely comparable in pairing data center loads with renewable energy generation.
• T5 Data Centers: Custom and build-to-suit data center developer with expertise in site selection, power procurement, and energization timelines; closely comparable on the site-development and power-contracting services Satoshi Energy provides.
• Compute North: Bitcoin mining and HPC hosting provider focused on colocation with renewable and low-cost power assets; overlaps with Satoshi Energy's site-development and managed-services approach for crypto data centers.
• Hut 8: Bitcoin mining and energy infrastructure operator with vertically integrated power assets (including natural gas and renewables) in North America, comparable in combining generation-adjacent operations with bitcoin mining demand.
• Core Scientific: Large-scale bitcoin mining and HPC colocation operator with proprietary hosting infrastructure and power contracts; comparable on the hosting/operations side of Satoshi Energy's value chain.

Emerging players

• Powerledger: Blockchain-based energy trading and settlement platform for distributed energy resources; comparable to the Bitcurrent platform's emphasis on transparent, programmable energy transactions.
• Energy Web Foundation: Non-profit building open-source blockchain infrastructure for the energy sector; comparable as a peer building software rails for energy market participants, though with a more ecosystem-orientated model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/satoshienergy
• LinkedInlinkedin.com/company/satoshi-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Satoshi Energy