Bitcoin miner Riot Platforms this week repaid a $200 million credit score facility from Coinbase Credit score, releasing its collateral.
The power had been secured by a pledge of Riot’s monetary belongings, together with Bitcoin, USDC and money, which was held within the custody of Coinbase Custody Belief Firm.
Riot completed paying the remaining principal and curiosity on Monday, in accordance with a Friday submitting with the US Securities and Change Fee.
No early termination charges or penalties had been incurred by Riot in reference to the prepayment or termination.
The miner has additionally continued to increase its>reported in August, when Riot Platforms secured a 20-year settlement to provide 191 megawatts of capability from its Rockdale, Texas, campus to a “main frontier AI” firm.
The shopper was Anthropic and the deal was valued at about $9 billion, Bloomberg subsequently reported, citing individuals acquainted with the matter.
Cointelegraph reported in Could that Riot Platforms posted $167.2 million in income for the primary quarter of 2026, with its newly launched knowledge heart enterprise contributing $33.2 million.
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