Coinbase bitcoin-collateralized credit facility
Company: Riot
The claim, verbatim
In April 2025 Riot entered into its first bitcoin-collateralized credit facility with Coinbase, for up to $100 million.
Source (primary)
riot 8-K exhibit (riot-20250428xex99d2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-16)Live source ↗
Quote: “Also in April, entered into first bitcoin collateralized facility for up to $100MM with Coinbase”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The Q1 2025 update, dated May 1, 2025, says that in April Riot entered into its first bitcoin-collateralized facility for up to $100MM with Coinbase.
Confirmed in the source:
- In April 2025 Riot entered into its first bitcoin-collateralized facility
- The facility is with Coinbase
- The facility is for up to $100 million
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1167419/000155837025006115/riot-20250428xex99d2.htm) in full (33,776 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms riot 8-K exhibit (riot-20250428xex99d2.htm)
Quote: “Also in April, entered into first bitcoin collateralized facility for up to $100MM with Coinbase”