Riot Platforms Repays $200 Million Bitcoin-Backed Loan Ahead of Schedule

Riot Platforms has fully repaid a $200 million loan secured by its Bitcoin holdings seven months before the April 2027 maturity date, releasing 5,821 BTC previously held as collateral by Coinbase. The move eliminates approximately $12 million in annual interest expenses and clears the company's balance sheet as it pivots toward AI infrastructure. This strategic shift follows a recent 20-year, $9.1 billion data center lease agreement with Anthropic for its Rockdale facility.