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.
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