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, ...