Coinbase revolving credit facility
Company: Riot
The claim, verbatim
Company entered into $200 million secured revolving credit facility with Coinbase Credit, Inc. in 2025
Source (primary)
Riot DEF 14A filed 2026-04-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Additionally, in 2025, the Company entered into a $200 million secured revolving credit facility with Coinbase Credit, Inc., providing additional liquidity and flexibility to pursue key strategic initiatives and general corporate purposes.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The proxy statement's stockholder letter says that in 2025 the Company entered into a $200 million secured revolving credit facility with Coinbase Credit, Inc.
Confirmed in the source:
- In 2025 the Company entered into a secured revolving credit facility
- The facility is for $200 million
- The counterparty is Coinbase Credit, Inc.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465926053098/riot-20260609xdef14a.htm) in full (452,942 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot DEF 14A filed 2026-04-30
Quote: “Additionally, in 2025, the Company entered into a $200 million secured revolving credit facility with Coinbase Credit, Inc., providing additional liquidity and flexibility to pursue key strategic initiatives and general corporate purposes.”