Coinbase Credit facility prepaid and terminated
Company: Riot
The claim, verbatim
Riot disclosed in an 8-K filed September 25 that it fully prepaid all outstanding amounts under its amended credit agreement with Coinbase Credit and terminated the facility. The facility had allowed borrowings of up to $200 million, was collateralized by bitcoin, USDC and cash, and no early termination fee was incurred.
Source (primary)
Riot Platforms Falls as Bitcoin Weakens and Investors Digest Recent Debt Paydown - Quiver Quantitative (-, news_article)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “On September 25, Riot filed an 8-K disclosing that it had fully prepaid outstanding amounts under its amended credit agreement with Coinbase Credit and terminated the facility. The filing said the loan facility had allowed borrowings of up to $200 million and that the collateral package included bitcoin, USDC, and cash, with no early termination fee incurred on the prepayment.”
How we checked this
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Additional evidence
confirms Riot Platforms Falls as Bitcoin Weakens and Investors Digest Recent Debt Paydown - Quiver Quantitative
Quote: “On September 25, Riot filed an 8-K disclosing that it had fully prepaid outstanding amounts under its amended credit agreement with Coinbase Credit and terminated the facility. The filing said the loan facility had allowed borrowings of up to $200 million and that the collateral package included bitcoin, USDC, and cash, with no early termination fee incurred on the prepayment.”