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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)$88,900.00-3.45%
  • ethereumEthereum(ETH)$3,014.58-4.72%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-4.72%
  • binancecoinBNB(BNB)$878.80-2.54%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$131.62-7.27%
  • tronTRON(TRX)$0.2849790.57%
  • staked-etherLido Staked Ether(STETH)$3,019.04-4.40%
  • dogecoinDogecoin(DOGE)$0.138445-7.05%