---
title: "Bitcoin miner Hut 8 lands $150M investment amid AI boom"
url: https://diffcoin.com/bitcoin-miner-hut-8-lands-150m-investment-amid-ai-boom/
description: "Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its…"
published: 2024-06-24
updated: 2024-06-24
author: "Mila"
site: "Diffcoin"
---

# Bitcoin miner Hut 8 lands $150M investment amid AI boom

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.

[Source link](https://cointelegraph.com/news/bitcoin-miner-hut-8-150m-ai-investment)