<a href="https://laohu8.com/S/RIOT">Riot Platforms</a> Inc. Secures Amended $200 Million Credit Agreement with Coinbase Credit, Expanding Loan Capacity and Extending Terms
Riot Platforms Inc. has announced the amendment and restatement of its credit agreement with Coinbase Credit, Inc. The newly amended agreement increases the loan amount from $100 million to $200 million, extending the availability period from two to three months following the original signing date of April 22, 2025. Additionally, the number of permitted borrowings has been increased from three to four. The agreement also includes a one-time 1% upsize fee of $1 million. The loan, which matures 364 days from the original signing date, is secured by Riot's financial assets, including bitcoin, USDC, and cash.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riot Platforms Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-008138), on May 23, 2025, and is solely responsible for the information contained therein.
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