Riot Platforms Repays Coinbase Credit Facility, Regains Pledged Assets

Riot Platforms has paid off its $200 million secured credit facility with Coinbase Credit and regained control of the pledged assets. The company disclosed this in a Form 8-K filing dated September 25, 2026.

The loan, which allowed multiple draws up to an aggregate principal amount of $200 million, was established under a Second Amended and Restated Credit Agreement dated April 21, 2026. Coinbase Credit acted as lender, collateral agent, and administrative agent.

Riot had initially set up the arrangement in April 2025 for $100 million and increased it to $200 million in May of that year. The agreement was later restated on April 21, 2026, locking in a fixed annual rate of 6.15 percent and moving maturity to April 20, 2027.

Riot chose not to wait for the maturity date, delivering the required prepayment notice and settling the remaining balance plus interest through September 21. The company paid no early-termination fee as it fell after four months from an earlier contractual maturity.