Bitcoin Miner Riot Platforms Pays Off Coinbase Loan, Frees 5,821 BTC Collateral

TLDR Riot Platforms fully repaid and closed its $200 million Bitcoin-backed credit line with Coinbase Credit, settling all principal and interest through Sept. 21. The company disclosed the repayment in a Form 8-K filed with the SEC on Sept. 25. Coinbase’s claims on the pledged assets were released. As of June 30, Riot had 5,821 [...]

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