Riot Platforms has repaid all outstanding borrowings and accrued interest under its Coinbase Credit facility and terminated the $200 million credit line, according to a filing the company submitted to the U.S. Securities and Exchange Commission. The repayment was made voluntarily on Sept. 21 and did not trigger any early termination fee or penalty. Riot had previously drawn the facility in full. The loan carried a fixed annual interest rate of 6.15% and had an original maturity date of April 20, 2027. As of June 30, Riot had pledged 5,821 BTC as collateral for the borrowing, valued at about $340.7 million at the time and representing roughly 51% of the company’s total BTC holdings then. With the debt repaid, Coinbase’s security interest in the pledged bitcoin has been released. Riot first obtained a $100 million bitcoin-backed loan in April 2025 and increased the facility to $200 million the following month. The repayment came about seven months ahead of the revised maturity date. The report was cited by TheEnergyMag.
Riot Platforms voluntarily repaid all outstanding borrowings and accrued interest under its Coinbase Credit facility on Sept. 21 and terminated the previously established $200 million credit line, according to a filing submitted to the U.S. Securities and Exchange Commission.
The company said the repayment did not result in any early termination fee or penalty. Riot had previously drawn the loan in full. The facility carried a fixed annual interest rate of 6.15% and had an original maturity date of April 20, 2027.
As of June 30, Riot had pledged 5,821 BTC as collateral for the loan, worth about $340.7 million at the time. That amount represented about 51% of the company’s total BTC holdings then. Following the repayment, Coinbase’s security interest in the related collateral was released.
The filing also showed that Riot initially obtained a $100 million bitcoin-backed loan in April 2025, then raised the facility to $200 million the following month. The repayment came about seven months before the revised maturity date.
The report cited TheEnergyMag as the source.
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