jain.com

Coinbase $200M 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

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

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 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.”

View cached copy (2026-08-31)Live source ↗Archive.org ↗