HUT - What's Going On With Shares Of Bitcoin Miner Hut 8 Today? | Benzinga
Hut 8 Corp (NASDAQ:HUT) shares are rising Monday while other Bitcoin (CRYPTO: BTC) mining stocks fall alongside the price of bitcoin. Hut 8 on Monday announced a $150 million strategic investment to build a next generation AI infrastructure platform.
What To Know: Hut 8 has entered into a definitive agreement with a fund managed by Coatue Management, in which Coatue has agreed to invest $150 million through a convertible note.
The note will have a principal amount of $150 million and bear interest at a rate of 8% per year. ...