Riot Platforms Repays Coinbase Credit Loan, Terminates $200 Million Bitcoin-Backed Facility

Riot Platforms fully repaid the principal and accrued interest on its $200 million Bitcoin-backed credit facility with Coinbase Credit on September 21, with no early termination fees. The remaining commitment from Coinbase has been closed, and the 5,821 BTC previously pledged as collateral—valued at approximately $341 million as of June 30—have been released. The facility, revised in April, carried a 6.15% interest rate.