Riot Platforms Closes $200 Million Bitcoin Credit Line With Coinbase
Key Highlights Riot Platforms repaid its Coinbase Credit borrowing facility, releasing Coinbase’s security interests in the pledged collateral. Riot had reported 11,380 BTC, including 5,821 BTC pledged as collateral and valued at approximately $340.7 million at June 30. The amended facility carried a fixed annual interest rate of 6.15% and had a maturity date of ...