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#Riot Platforms

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Riot Platforms Closes $200 Million Bitcoin Credit Line With Coinbase
Coins•

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 ...

Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral
Coins•

Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral

Key Highlights Riot Platforms fully repaid its $200 million Bitcoin-backed credit facility from Coinbase Credit on September 21, 2025, releasing 5,821 BTC, USDC, and cash held as collateral. The repayment carried no early termination fee and followed an April 2026 amendment that fixed the interest rate at 6.15% annually, replacing the original floating rate. Simultaneously, ...