Hut 8 Announces Closing of $150 Million Investment from Coatue

GlobeNewswire

July 01, 2024



MIAMI, July 01, 2024 (GLOBE NEWSWIRE) -- Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), a leading, vertically integrated operator of large-scale energy infrastructure and one of North America’s largest Bitcoin miners, is pleased to announce it has closed its previously announced $150 million convertible note investment from a fund managed by Coatue Management, L.L.C. (“Coatue”). This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

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