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

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Bitcoin miner Hut 8 receives a $150 million investment from Coatue Management, driven by the company's potential to power generative AI applications with its high-power compute capabilities.

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.

Laffont said they see the Bitcoin miner as “well-positioned” to accelerate new compute capacity and “capitalize” on any opportunities that come from it. The completed transaction is anticipated on or before July 11 of this year. On June 21, Hut 8 filed the investment agreement with Coatue with the United States Securities and Exchange Commission.Hut 8 stands as one of the largest public miners on the basis of computing power available.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 562. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités