- Riot Platforms said it had fully repaid and terminated its $200 million Bitcoin-backed credit facility from Coinbase Credit.
- The company said the loan carried an interest rate of 6.15% after the agreement was amended in April, and that no fee was charged for early termination.
- Riot Platforms said it had pledged 5,821 BTC as collateral out of its 11,380 BTC holdings, and that the related security interest was released after the loan was repaid.
Riot Platforms Repays Coinbase $200 Million Bitcoin-Backed Credit Facility in Full
Riot Platforms, a U.S. cryptocurrency miner, has fully repaid its $200 million Bitcoin-backed credit facility from Coinbase Credit and ended the agreement.
bloomingbit
Publisher
Sep 29, 2026 at 5:59 PM UTC · 1 Min. Lesezeit
Key Signal
$200M Credit facility repaid
Entities
bitcoin, coinbase
Market Impact
BTC+1.01%$84,551
Last Updated
vor 2 Tagen
Forecast Trend Report by Period
Riot Platforms, a U.S. cryptocurrency miner, has fully repaid its $200 million Bitcoin-backed credit facility from Coinbase Credit and ended the agreement.
According to Bitcoin News on September 29, Riot repaid the full principal and accrued interest on September 21. No fee was charged for early termination.
The loan carried a 6.15% interest rate after the agreement was amended in April.
As of June 30, Riot had pledged 5,821 BTC as collateral out of its 11,380 BTC holdings. The collateral was worth about $340.7 million at the time, and the related security interest was released after the loan was repaid.
Follow the Story
- Sep 29Riot Platforms Repays Coinbase $200 Million Bitcoin-Backed Credit Facility in Full
- Oct 1Bitcoin value cools near $85,669 resistance as Citigroup sets $113K one-year target
- Oct 1Three reasons why bitcoin's recent bounce could be the start of a bigger bullish move
- Oct 1Bitcoin Analyst: 'Only Michael Saylor' Can Do Strategy's Treasury Model
- Sep 29Riot Platforms Repays Coinbase $200 Million Bitcoin-Backed Credit Facility in Full
- Oct 1Bitcoin value cools near $85,669 resistance as Citigroup sets $113K one-year target
- Oct 1Three reasons why bitcoin's recent bounce could be the start of a bigger bullish move
- Oct 1Bitcoin Analyst: 'Only Michael Saylor' Can Do Strategy's Treasury Model
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Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
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