jain.com

Coinbase loan with BTC collateral

Company: Riot

Subject kind
financing
Statement date
2026-08-22
Promised amount
200.0 USD
Current status
stated

The claim, verbatim

Riot has a $200 million loan from Coinbase, securing it with Bitcoin collateral. Initially pledging 3,977 BTC, Riot added 1,825 BTC in February 2026, bringing total collateral to over 5,800 BTC.

Source (primary)

Riot Platforms Could Reclaim Up to 1,547 BTC From Coinbase Loan Collateral as Bitcoin Rebounds - CryptoRank (-, news_article)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “At the start of the year, Riot pledged 3,977 BTC to secure the loan from Coinbase. As Bitcoin's price fell in February, the company deposited an additional 1,825 BTC, bringing the total pledged collateral to over 5,800 BTC.”

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 Could Reclaim Up to 1,547 BTC From Coinbase Loan Collateral as Bitcoin Rebounds - CryptoRank

Quote: “At the start of the year, Riot pledged 3,977 BTC to secure the loan from Coinbase. As Bitcoin's price fell in February, the company deposited an additional 1,825 BTC, bringing the total pledged collateral to over 5,800 BTC.”

View cached copy (2026-09-01)Live source ↗Archive.org ↗