Riot secures $100M BTC-backed credit via Coinbase.
Key Notes Riot Platforms has secured a $100 million credit line from Coinbase Credit to support its expansion plans. The loan is backed by Riot’s Bitcoin holdings, avoiding share dilution for stakeholders. It comes with a 364-day term and a potential extension, offering flexible financing. Riot Platforms, a North American Bitcoin mining company, has secured […]
Riot secures $100M BTC-backed credit via Coinbase. Read More »