Riot Platforms Closes $200M Credit Facility with Coinbase

Key Facts

1Riot Platforms officially closed a $200 million Bitcoin-backed credit facility with Coinbase Credit.

2The company fully repaid the principal and accrued interest on September 21, releasing all pledged assets.

Riot Platforms officially closed a $200 million Bitcoin-backed credit facility with Coinbase Credit. According to crypto.news, the company fully repaid the principal and accrued interest on September 21, 2026, resulting in the release of all pledged assets.

The termination follows a period where Riot Platforms held approximately 5,821 BTC as collateral for the facility as of late June. In equity markets, RIOT closed at $21.62 on September 28, 2026, while COIN closed at $191.79 on the same date.