Riot Platforms signs $100 million credit deal with Coinbase Credit
2025-04-23 13:39:15
Riot Platforms, a bitcoin miner, reached a $100 million credit deal with Coinbase Credit, which the company said will be used for strategic initiatives and general corporate purposes. The loan is understood to have a variable interest rate of at least 7.75% per year, a term of 364 days, and is secured only by a portion of Riot's bitcoin reserves.
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