Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
![Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners](https://www.coindesk.com/resizer/8WVrCITRch8NVrWyflYmO5oQVws=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/V5ORGUTTYJDNBP2ERD7NU3FLZE.jpg?#)
The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
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