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
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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”