Coinbase Credit $200M Bitcoin-backed facility repaid and terminated
Company: Riot
The claim, verbatim
Riot voluntarily prepaid all outstanding principal and accrued interest under its $200 million Bitcoin-backed credit agreement with Coinbase Credit through Sep. 21, 2026. The payment terminated the facility and the lender's commitment to make further loans, and Coinbase's security interests in the pledged collateral were released. No early-termination fee or penalty applied.
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: “the company voluntarily prepaid its outstanding borrowing under the agreement signed on April 21, 2026. After receiving Riot's repayment notice, Coinbase Credit was paid the remaining principal and all accrued, unpaid interest through Sep. 21”
How we checked this
Checked on October 6, 2026. The cited source supports every part of this claim.
The article, citing Riot's Sep. 25 Form 8-K, reports the voluntary prepayment of principal and interest through Sep. 21. It also reports the facility's termination, the release of Coinbase's security interests and the absence of any early-termination fee.
Confirmed in the source:
- Riot voluntarily prepaid its outstanding borrowing under its credit agreement with Coinbase Credit.
- The facility was a Bitcoin-backed arrangement with an aggregate principal amount of up to $200 million.
- Coinbase Credit was paid the remaining principal and all accrued, unpaid interest through Sep. 21, 2026.
- The payment ended the agreement and the lender's commitment to make further loans.
- Coinbase's security interests in the pledged collateral were released.
- No early-termination fee or penalty applied.
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: “the company voluntarily prepaid its outstanding borrowing under the agreement signed on April 21, 2026. After receiving Riot's repayment notice, Coinbase Credit was paid the remaining principal and all accrued, unpaid interest through Sep. 21”