jain.com

Morgan Stanley facility borrowing rate

Company: Riot - Project: Rockdale

Subject kind
financing
Statement date
2026-08-24
Current status
stated

The claim, verbatim

Borrowings carry adjusted term SOFR plus 2.75% or base rate plus 1.75%

Source (primary)

Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate (-, news_article)
View cached copy (2026-09-01)Live source ↗

Quote: “Borrowings under the Morgan Stanley facility carry adjusted term SOFR plus 2.75%, or a defined base rate plus 1.75%, alongside other customary fees”

How we checked this

Checked on September 15, 2026. The cited source supports every part of this claim.

The article states borrowings carry adjusted term SOFR plus 2.75% or a defined base rate plus 1.75%.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://cryptoslate.com/riot-platforms-locked-in-a-9-1-billion-anthropic-deal-but-its-bridge-loan-expires-before-the-rent-starts/) in full (16,460 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts - CryptoSlate

Quote: “Borrowings under the Morgan Stanley facility carry adjusted term SOFR plus 2.75%, or a defined base rate plus 1.75%, alongside other customary fees”

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