According to the firm, the facility will be accessed through staged withdrawals over two months until the full $100 million is drawn. Riot confirmed that the capital will support expansion efforts and other corporate priorities.
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Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
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Riot Platforms plans to access the $100 million credit facility it secured from Coinbase in through staged withdrawals over a two-month period, allocating the funds toward corporate operations and strategic expansion
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