Bitcoin miner Hut 8 revealed that it would receive a $150 million convertible note investment from Coatue Management, a technology-focused investment management firm. Data center expansion Hut 8 said the funds would accelerate the growth of its data center portfolio. Data centers are custom facilities housing large-scale crypto-mining operations. These facilities require energy-intensive infrastructures also […]
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Go here to Read this Fast! Hut 8 receives $150 million boost for AI data center expansion
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Hut 8 receives $150 million boost for AI data center expansion