Riot Platforms has repaid its Coinbase Credit borrowing, closing a $200 million Bitcoin-backed facility and releasing pledged collateral.
- Riot Platforms has fully repaid its $200 million Bitcoin-backed credit facility with Coinbase Credit, releasing its pledged Bitcoin collateral.
- The facility, initially established in April 2025 and amended multiple times, allowed Riot to borrow against its Bitcoin holdings, with the interest rate adjusted to a fixed 6.15% in April 2026.
- The repayment is part of Riot's broader financial activities, which include Bitcoin mining operations, data center development, and other miners also engaging in similar credit arrangements with financial institutions.
Topics: Asset types, Institutional adoption, Public debt, Financial instruments, Banking depository pilots, Tokenized us treasuries
Tags: #riotplatforms #coinbasecredit #bitcoin #collateral #creditline #repayment #secfiling #interestrate #bitcoinmining #datacenter
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