Bitcoin miner Hut 8 lands $150M investment amid AI boom
24 June 2024 - 11:22PM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDYvZDY5MDUwZDgtNzkxMi00ZTU2LWJiYzAtOGQ4OGM0NDkxYjAxLmpwZw==.jpg)
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.
...
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