Riot Platforms (RIOT) said Tuesday it has upsized its credit facility with Coinbase (COIN) unit Coinbase Credit to $200 million from $100 million.
The expanded credit facility keeps the same terms as the original agreement, including the applicable interest rate, Riot said, adding that this facility is set to mature in 364 days but can be extended for another 364 days if Coinbase approves.
The loan is backed by a portion of Riot's Bitcoin assets and the company intends to use the proceeds for strategic projects and general corporate purposes, Riot said.
Price: 8.80, Change: -0.18, Percent Change: -1.95
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。