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Coinbase Credit $200M BTC-backed loan repaid and terminated

Company: Riot

Subject kind
financing
Statement date
2026-09-27
Promised amount
200000000.0 USD
Current status
stated

The claim, verbatim

Riot fully prepaid all outstanding principal and accrued interest under its $200 million bitcoin-backed multiple draw-down term loan with Coinbase Credit on September 21, 2026, and the credit agreement and the lender's commitment to make further loans were terminated, per a Form 8-K filed September 25, 2026.

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: “The Nasdaq-listed bitcoin miner completed the full voluntary prepayment of all outstanding principal on September 21 and disclosed the transaction in a Form 8-K filed on September 25. The filing states that all obligations under the credit agreement were satisfied and discharged, and the agreement was terminated.”

How we checked this

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Additional evidence

confirms Riot Platforms Repays $200M Bitcoin-Backed Loan with Coinbase - KuCoin

Quote: “The Nasdaq-listed bitcoin miner completed the full voluntary prepayment of all outstanding principal on September 21 and disclosed the transaction in a Form 8-K filed on September 25. The filing states that all obligations under the credit agreement were satisfied and discharged, and the agreement was terminated.”

View cached copy (2026-09-29)Live source ↗Archive.org ↗