jain.com

Repaid $200M Coinbase credit facility

Company: Riot

Subject kind
financing
Statement date
2026-10-14
Promised amount
200000000.0 USD
Current status
stated

The claim, verbatim

Riot recently repaid a $200 million Coinbase credit facility, freeing Bitcoin collateral.

Source (primary)

Riot Platforms shifts Bitcoin custody from NYDI... - Pluang (-, news_article)
View cached copy (2026-10-15)Live source ↗Archive.org ↗

Quote: “Riot's recent repayment of a $200 million Coinbase credit facility, freeing Bitcoin collateral”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The article refers to Riot's recent repayment of a $200 million Coinbase credit facility and says this freed Bitcoin collateral.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://pluang.com/en/news-feed/riot-platforms-pindahkan-kustodi-bitcoin-ke-bitgo-bank-trust) in full (7,226 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms shifts Bitcoin custody from NYDI... - Pluang

Quote: “Riot's recent repayment of a $200 million Coinbase credit facility, freeing Bitcoin collateral”

View cached copy (2026-10-15)Live source ↗Archive.org ↗

confirms Riot Platforms moves its Bitcoin custody from NYDIG to BitGo Bank & Trust - Crypto Briefing

Quote: “In September 2026, Riot repaid a $200 million Coinbase Credit facility. Paying it off released Bitcoin collateral that had been held in custody with Coinbase.”

View cached copy (2026-10-15)Live source ↗Archive.org ↗