AMD project term loan expected close by end of Q3 2026
Company: Riot - Project: Rockdale
What the later record shows
The date slipped
The loan was promised to close by the end of Q3 2026 (September 30). An October 8 article says no closing had been announced in Riot's press releases or news coverage by then, so it was not done when due. This rests on the absence of an announcement rather than an explicit statement of delay.
“The key items are whether the expected AMD term loan closed”
2026-09-26 · Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - TIKR.com View cached copy (2026-10-01)Live source ↗Archive.org ↗
“The quarter ended September 30. No closing announcement had surfaced in Riot's press releases or news coverage through October 8.”
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
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 the third quarter.
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? - TIKR.com (-, news_article)
View cached copy (2026-10-10)Live source ↗Archive.org ↗
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 quotes CFO Chung on the roughly $180 million AMD term loan, the late-stage bank talks, and the expected close before the end of the third quarter.
Confirmed in the source:
- The financing is against the first 25 megawatts leased to AMD
- The financing is a term loan of about $180 million
- The loan was in late-stage discussions with multiple banks
- Riot expected the loan to close before the end of the third quarter
What we did: Read our cached copy of the publisher (https://www.tikr.com/blog/riot-platforms-573-million-bridge-loan-comes-due-december-31-as-shares-fall-8-in-octobers-first-week-time-to-sell-or-load-up) in full (10,000 characters, retrieved October 10, 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? - TIKR.com
Quote: “late-stage discussions with multiple banks, and we expect to close before the end of the third quarter.”
delays Riot Platforms Is Quietly Spending Its Bitcoin — Here’s Why That Matters - TIKR.com
Quote: “The key items are whether the expected AMD term loan closed”
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: “The quarter ended September 30. No closing announcement had surfaced in Riot's press releases or news coverage through October 8.”