Tag: mining

Source: CoinDesk The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific. Coatue Management is investing $150 million in crypto miner Hut 8 to build AI-related infrastructures. The deal benefited HUT’s shares as well as other bitcoin mining-related data-center stocks such as… Continue reading Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners