Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral

Riot Platforms has repaid a $200 million Bitcoin-backed credit facility from Coinbase Credit, ending a financing arrangement secured by part of the miner’s cryptocurrency holdings. Riot paid the remaining principal and accrued interest on Sept. 21, according to a Sept. 25 filing with the US Securities and Exchange Commission. The company did not pay an […] Read The Full Article Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral…