Pre-amendment Coinbase facility rate 8.3% as of Mar 31
Company: Riot
The claim, verbatim
Riot reported an applicable interest rate of 8.3% on the Coinbase facility as of March 31, 2026, based on federal funds rate plus 4.5 percentage points.
Source (primary)
Riot Platforms closes $200M Coinbase Bitcoin credit line - Cryptonews.net (-, news_article)
View cached copy (2026-10-05)Live source ↗Archive.org ↗
Quote: “Riot reported an applicable interest rate of 8.3% as of March 31.”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The article gives the 8.3% rate as of March 31 and the pre-amendment formula of federal funds rate plus 4.5 percentage points.
Confirmed in the source:
- Riot reported an applicable interest rate of 8.3% on the Coinbase facility as of March 31, 2026
- Before the April 2026 amendment, the rate was based on the federal funds rate, subject to a minimum base rate, plus 4.5 percentage points
What we did: Read our cached copy of the publisher (https://cryptonews.net/news/mining/33516299/) in full (8,434 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot Platforms closes $200M Coinbase Bitcoin credit line - Cryptonews.net
Quote: “Riot reported an applicable interest rate of 8.3% as of March 31.”