Coinbase Credit facility terms (up to $200M secured term loan)
Company: Riot
The claim, verbatim
The Second Amended and Restated Credit Agreement dated April 21, 2026 with Coinbase Credit provided a multiple draw-down secured term loan of up to $200 million secured by bitcoin, USDC and cash held at Coinbase Custody.
Source (primary)
Riot Platforms Repays $200M Bitcoin-Backed Loan with Coinbase - KuCoin (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “It provided a multiple draw-down secured term loan of up to $200 million, secured by a pledge of Riot's financial assets, including bitcoin, USDC and cash held in the custody of Coinbase Custody Trust Company.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot Platforms Repays $200M Bitcoin-Backed Loan with Coinbase - KuCoin
Quote: “It provided a multiple draw-down secured term loan of up to $200 million, secured by a pledge of Riot's financial assets, including bitcoin, USDC and cash held in the custody of Coinbase Custody Trust Company.”