Riot Platforms Repays Coinbase Credit Facility
Riot Platforms has made a significant move in its financial strategy by repaying its credit facility with Coinbase Credit, Inc. in full on September 21, 2026.
The $200 million secured term loan facility had been collateralized by Riot's financial assets, including Bitcoin, USDC, and cash.
This repayment eliminates the company's indebtedness under this specific facility and releases its pledged digital and cash collateral from security arrangements.
According to the information, this move increases financial flexibility and balance sheet strength for stakeholders following the loan's closure.