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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)$69,079.00-2.51%
  • ethereumEthereum(ETH)$2,032.62-4.34%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$1.40-3.08%
  • binancecoinBNB(BNB)$624.68-2.88%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$83.62-4.99%
  • tronTRON(TRX)$0.277186-0.47%
  • dogecoinDogecoin(DOGE)$0.093487-4.49%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.00%