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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)$87,561.00-1.32%
  • ethereumEthereum(ETH)$2,933.13-1.18%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$839.79-0.21%
  • rippleXRP(XRP)$1.85-1.28%
  • usd-coinUSDC(USDC)$1.000.03%
  • solanaSolana(SOL)$122.95-0.51%
  • tronTRON(TRX)$0.278719-0.10%
  • staked-etherLido Staked Ether(STETH)$2,931.20-1.27%
  • dogecoinDogecoin(DOGE)$0.122647-2.42%