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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)$104,619.000.63%
  • ethereumEthereum(ETH)$2,483.08-0.27%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.150.92%
  • binancecoinBNB(BNB)$654.090.59%
  • solanaSolana(SOL)$153.731.24%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1900231.29%
  • tronTRON(TRX)$0.2696980.72%
  • cardanoCardano(ADA)$0.671.74%
  • bitcoinBitcoin(BTC)$104,619.000.63%
  • ethereumEthereum(ETH)$2,483.08-0.27%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.150.92%
  • binancecoinBNB(BNB)$654.090.59%
  • solanaSolana(SOL)$153.731.24%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1900231.29%
  • tronTRON(TRX)$0.2696980.72%
  • cardanoCardano(ADA)$0.671.74%
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  • bitcoinBitcoin(BTC)$104,619.000.63%
  • ethereumEthereum(ETH)$2,483.08-0.27%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.150.92%
  • binancecoinBNB(BNB)$654.090.59%
  • solanaSolana(SOL)$153.731.24%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1900231.29%
  • tronTRON(TRX)$0.2696980.72%
  • cardanoCardano(ADA)$0.671.74%
  • bitcoinBitcoin(BTC)$104,619.000.63%
  • ethereumEthereum(ETH)$2,483.08-0.27%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.150.92%
  • binancecoinBNB(BNB)$654.090.59%
  • solanaSolana(SOL)$153.731.24%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.1900231.29%
  • tronTRON(TRX)$0.2696980.72%
  • cardanoCardano(ADA)$0.671.74%