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$150 Million Investment

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Bitcoin miner Hut 8 lands $150M investment amid AI boom

June 24, 2024 by DIGIT

Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp due to its capability to power generative AI applications with its high-performance computing. Go to Source

Categories $150 Million Investment, AI applications, AI Boom, bitcoin miner, Coatue Management, crypto mining, generative ai, High-Power Compute, Hut 8, Philippe Laffont


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  • bitcoinBitcoin(BTC)$117,046.00-3.95%
  • ethereumEthereum(ETH)$2,976.54-3.10%
  • rippleXRP(XRP)$2.92-2.69%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$679.70-3.59%
  • solanaSolana(SOL)$159.92-4.46%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.192196-7.27%
  • tronTRON(TRX)$0.297290-1.65%
  • staked-etherLido Staked Ether(STETH)$2,975.91-3.03%
  • bitcoinBitcoin(BTC)$117,046.00-3.95%
  • ethereumEthereum(ETH)$2,976.54-3.10%
  • rippleXRP(XRP)$2.92-2.69%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$679.70-3.59%
  • solanaSolana(SOL)$159.92-4.46%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.192196-7.27%
  • tronTRON(TRX)$0.297290-1.65%
  • staked-etherLido Staked Ether(STETH)$2,975.91-3.03%
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  • bitcoinBitcoin(BTC)$117,046.00-3.95%
  • ethereumEthereum(ETH)$2,976.54-3.10%
  • rippleXRP(XRP)$2.92-2.69%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$679.70-3.59%
  • solanaSolana(SOL)$159.92-4.46%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.192196-7.27%
  • tronTRON(TRX)$0.297290-1.65%
  • staked-etherLido Staked Ether(STETH)$2,975.91-3.03%
  • bitcoinBitcoin(BTC)$117,046.00-3.95%
  • ethereumEthereum(ETH)$2,976.54-3.10%
  • rippleXRP(XRP)$2.92-2.69%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$679.70-3.59%
  • solanaSolana(SOL)$159.92-4.46%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.192196-7.27%
  • tronTRON(TRX)$0.297290-1.65%
  • staked-etherLido Staked Ether(STETH)$2,975.91-3.03%