Coatue Convertible Note
Company: Hut 8
The claim, verbatim
$150.0 million convertible note issued to Coatue Tactical Solutions Lending Holdings AIV 3 LP, convertible into common stock
Source (primary)
Hut 8 424B5 filed 2024-12-04 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the convertible note in the principal amount of $150.0 million issued to Coatue Tactical Solutions Lending Holdings AIV 3 LP (the "Coatue Convertible Note")”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The Dilution section describes the $150.0 million Coatue Convertible Note. It also refers to shares of common stock issuable upon its conversion.
Confirmed in the source:
- A convertible note in the principal amount of $150.0 million was issued to Coatue Tactical Solutions Lending Holdings AIV 3 LP
- The note is convertible into Hut 8 common stock
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1964789/000110465924125373/tm2429544d3_424b5.htm) in full (115,737 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 424B5 filed 2024-12-04
Quote: “the convertible note in the principal amount of $150.0 million issued to Coatue Tactical Solutions Lending Holdings AIV 3 LP (the "Coatue Convertible Note")”