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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
Riot Platforms opted for a Bitcoin-backed loan from Coinbase to secure non-dilutive funding instead of issuing new shares
Riot Platforms’ $100 million loan from Coinbase, includes an interest rate based on the higher of the federal funds rate or 3.25%, plus 4.5%.
Riot Platforms' $100 million credit facility from Coinbase, established has a 364-day term with the option to extend for another year if approved by Coinbase
Riot Platforms used its 19,223 Bitcoin, valued near $1.8 billion in April 2025, to secure its loan from Coinbase

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Riot platforms secures $100M Bitcoin-backed credit facility from coinbase

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