jain.com

~$180M AMD term loan expected to close by Q3 end

Company: Riot

Subject kind
financing
Statement date
2026-08-10
Promised by
2026-09-30
Promised amount
180000000.0 USD
Current status
outcome unconfirmed

What the later record shows

The date slipped

A news article dated 2026-10-08, after the Q3 deadline, lists a closed AMD term loan of about $180 million as something still awaited in filings. That implies it had not closed by 2026-09-30. No passage gives a new target date.

“Two filings would settle it: a closed AMD term loan near $180 million, and a takeout of the Morgan Stanley bridge before December 31.”
2026-10-08 · Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell o View cached copy (2026-10-09)Live source ↗

Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

Riot said financing against the first 25 MW leased to AMD, a term loan of about $180 million, was in late-stage discussions with multiple banks and expected to close before the end of Q3 2026.

Source (primary)

Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell or Load Up? - Yahoo Finance (-, news_article)
View cached copy (2026-10-09)Live source ↗

Quote: “a term loan of about $180 million, had reached "late-stage discussions with multiple banks, and we expect to close before the end of the third quarter."”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The article quotes CFO Chung on the roughly $180 million AMD term loan and its expected Q3 close. It also notes that no closing had been announced through October 8.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/riot-platforms-573-million-bridge-130227491.html) in full (11,538 characters, retrieved October 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell or Load Up? - Yahoo Finance

Quote: “a term loan of about $180 million, had reached "late-stage discussions with multiple banks, and we expect to close before the end of the third quarter."”

View cached copy (2026-10-09)Live source ↗

delays Riot Platforms’ $573 Million Bridge Loan Comes Due December 31 as Shares Fall 8% in October’s First Week. Time to Sell or Load Up? - Yahoo Finance

Quote: “Two filings would settle it: a closed AMD term loan near $180 million, and a takeout of the Morgan Stanley bridge before December 31.”

View cached copy (2026-10-09)Live source ↗

Record of changes

October 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.