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Coatue Management

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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)$109,891.00-0.14%
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  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-1.14%
  • binancecoinBNB(BNB)$670.170.50%
  • solanaSolana(SOL)$164.042.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1946640.11%
  • tronTRON(TRX)$0.2907190.59%
  • cardanoCardano(ADA)$0.711.23%
  • bitcoinBitcoin(BTC)$109,891.00-0.14%
  • ethereumEthereum(ETH)$2,773.494.72%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-1.14%
  • binancecoinBNB(BNB)$670.170.50%
  • solanaSolana(SOL)$164.042.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1946640.11%
  • tronTRON(TRX)$0.2907190.59%
  • cardanoCardano(ADA)$0.711.23%
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  • bitcoinBitcoin(BTC)$109,891.00-0.14%
  • ethereumEthereum(ETH)$2,773.494.72%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-1.14%
  • binancecoinBNB(BNB)$670.170.50%
  • solanaSolana(SOL)$164.042.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1946640.11%
  • tronTRON(TRX)$0.2907190.59%
  • cardanoCardano(ADA)$0.711.23%
  • bitcoinBitcoin(BTC)$109,891.00-0.14%
  • ethereumEthereum(ETH)$2,773.494.72%
  • tetherTether(USDT)$1.00-0.03%
  • rippleXRP(XRP)$2.30-1.14%
  • binancecoinBNB(BNB)$670.170.50%
  • solanaSolana(SOL)$164.042.85%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1946640.11%
  • tronTRON(TRX)$0.2907190.59%
  • cardanoCardano(ADA)$0.711.23%