Hut 8 Announces Closing of $150 Million Investment from Coatue

Miami, July 01, 2024 (GLOBE NEWSWIRE) -- 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"). Additional Transaction Information Hut 8 Corp. is an energy infrastructure operator and Bitcoin miner with self-minin ...