Coatue Management convertible note investment
Company: Hut 8
The claim, verbatim
Coatue Management invested $150 million via convertible note in June 2024, which converted to equity in May 2026
Source (primary)
Coatue Management Bought 9.72 Million Shares of Hut 8 in Q2. How to Play HUT Stock Now. - Barchart.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “Coatue Management made a $150 million strategic investment in Hut 8 through the convertible note route in June 2024. The note was subsequently converted in May 2026”
How we checked this
Additional evidence
confirms Coatue Management Bought 9.72 Million Shares of Hut 8 in Q2. How to Play HUT Stock Now. - Barchart.com
Quote: “Coatue Management made a $150 million strategic investment in Hut 8 through the convertible note route in June 2024. The note was subsequently converted in May 2026”