Riot Platforms used its 19,223 Bitcoin, valued near $1.8 billion in April 2025, to secure its loan from Coinbase

Event date

April 23, 2025

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The credit facility was arranged by Coinbase’s credit division, with Bitcoin used as collateral. Riot is leveraging 19,223 BTC, valued at over $1.8 billion, to secure the loan.

Riot owns the third-largest corporate Bitcoin treasury, with 19,223 BTC on its books as of April, according to industry data. At current prices, its Bitcoin holdings are valued at roughly $1.8 billion.

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Week 17 of 2025