~$180M AMD project term loan
Company: Riot
The claim, verbatim
CFO Jason Chung said financing of about $180 million against the first 25 MW leased to AMD was in late-stage discussions with multiple banks and was expected to close before the end of Q3 2026; the article found no closing announcement through October 8.
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: “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 reports Chung's statement on the roughly $180 million AMD term loan and its expected Q3 close. It also says no closing announcement had surfaced through October 8.
Confirmed in the source:
- CFO Jason Chung said financing of about $180 million was planned against the first 25 megawatts leased to AMD
- Chung said the financing was in late-stage discussions with multiple banks
- Chung said Riot expected the financing to close before the end of the third quarter, which ended September 30
- The article found no closing announcement in Riot's press releases or news coverage through October 8
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: “late-stage discussions with multiple banks, and we expect to close before the end of the third quarter.”
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? - TIKR.com
Quote: “late-stage discussions with multiple banks, and we expect to close before the end of the third quarter.”