Coinbase Credit Facility Origination and Expansion
Company: Riot
The claim, verbatim
Riot initially borrowed $100 million in April 2025 and expanded the facility to $200 million in May 2025
Source (primary)
Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral - Coin Edition (-, news_article)
View cached copy (2026-09-27)Live source ↗Archive.org ↗
Quote: “Riot initially borrowed $100 million from Coinbase in April 2025 and doubled the facility to $200 million a month later.”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The article states Riot first borrowed $100 million in April 2025 and doubled the facility to $200 million a month later.
Confirmed in the source:
- Riot initially borrowed $100 million from Coinbase in April 2025
- Riot expanded the facility to $200 million a month later, in May 2025
What we did: Read our cached copy of the publisher (https://coinedition.com/crypto-live-news/riot-clears-200m-coinbase-loan-frees-341m-in-bitcoin/) in full (7,586 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Clears $200M Coinbase Loan, Frees $341M in Bitcoin Collateral - Coin Edition
Quote: “Riot initially borrowed $100 million from Coinbase in April 2025 and doubled the facility to $200 million a month later.”