Coinbase $200M loan with BTC collateral
Company: Riot
The claim, verbatim
Entered 2026 with 3,977 BTC pledged against $200 million Coinbase loan
Source (primary)
Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC - CryptoSlate (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states that Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan, which covers every part of the claim.
Confirmed in the source:
- Riot Platforms entered 2026 with 3,977 BTC pledged as collateral
- The pledged BTC secured a $200 million loan
- The lender on that loan was Coinbase
What we did: Read our cached copy of the publisher (https://cryptoslate.com/bitcoin-crash-forced-riot-to-pledge-1825-btc-but-this-huge-rally-may-now-free-1500-btc/) in full (23,282 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC - CryptoSlate
Quote: “Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan.”
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.”