~$180M term loan on AMD capacity
Company: Riot
What the later record shows
The date slipped
Riot said it expected to close the roughly $180M term loan on its first 25 MW leased to AMD before September 30, but an October 8 article reports no closing announcement through that date. No new target date is given. The August 13 'Secures Major Loan' headline appears to relate to the separate $573M bridge loan, not the AMD term loan.
“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.””
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 (2026-10-10)Live source ↗Archive.org ↗
“No closing announcement had surfaced in Riot’s press releases or news coverage through October 8. That does not mean the loan failed, and it may appear in third-quarter filings.”
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 (2026-10-10)Live source ↗Archive.org ↗
Checked October 20, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Riot expected to close a roughly $180 million term loan on its AMD capacity by September 30; as of October 19 it had not been announced.
Source (primary)
Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - TIKR.com (-, news_article)
View cached copy (2026-10-20)Live source ↗Archive.org ↗
Quote: “As of October 19, Riot had not announced the roughly $180 million term loan on its AMD (AMD) capacity that it expected by September 30.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Riot Platforms Stock Fell 11% on October 16 After Cantor Cut Its Target. Here’s Where the Stock Could Go - TIKR.com
Quote: “As of October 19, Riot had not announced the roughly $180 million term loan on its AMD (AMD) capacity that it expected by September 30.”
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? - TIKR.com
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.””