星球日报|Sep 29, 2026 17:32
[Riot Platforms Fully Repays $200 Million Bitcoin-Backed Credit Line, Ends Coinbase Credit Loan]
Odaily Planet Daily News: Bitcoin News posted on the X platform that Riot Platforms fully repaid the principal and accrued interest of the Coinbase Credit credit line on September 21, without incurring early termination fees. The remaining committed credit line from Coinbase was simultaneously closed. This $200 million Bitcoin-backed credit line had an interest rate of 6.15% after being revised in April, with an annual interest of approximately $12.3 million if fully drawn. As of June 30, Riot Platforms had pledged 5,821 Bitcoins, valued at approximately $341 million at the time, accounting for about 51% of its 11,400 Bitcoin holdings. The associated collateral rights were released following the repayment.
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