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Hut 8 Closes $150M Convertible Note Investment from Coatue Management

Author: Benzinga Newsdesk | July 01, 2024 06:49am

Hut 8 Corp. ((Nasdaq, TSX:HUT) ("Hut 8" or the "Company"), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America's largest Bitcoin miners, is pleased to announce it has closed its previously announced $150 million convertible note investment from a fund managed by Coatue Management, L.L.C. ("Coatue").

Posted In: HUT