Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the lender’s claims on the bitcoin assets pledged to secure the debt.

This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the energy–compute–markets nexus.
The bitcoin miner and data center developer completed the voluntary repayment on Sept. 21, according to a Friday filing with the SEC. Riot paid all outstanding principal and accrued interest without incurring an early termination fee or penalty. Coinbase’s commitment to provide further loans also ended.
