coin-img-ETHETH-1.78%coin-img-BTCBTC-1.74%coin-img-SOLSOL-2.22%coin-img-XRPXRP-2.07%coin-img-UFOUFO+6,340.00%coin-img-HOGRUNHOGRUN-29.81%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE+1.00%coin-img-ETHETH-1.78%coin-img-BTCBTC-1.74%coin-img-SOLSOL-2.22%coin-img-XRPXRP-2.07%coin-img-UFOUFO+6,340.00%coin-img-HOGRUNHOGRUN-29.81%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE+1.00%coin-img-ETHETH-1.78%coin-img-BTCBTC-1.74%coin-img-SOLSOL-2.22%coin-img-XRPXRP-2.07%coin-img-UFOUFO+6,340.00%coin-img-HOGRUNHOGRUN-29.81%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE+1.00%coin-img-ETHETH-1.78%coin-img-BTCBTC-1.74%coin-img-SOLSOL-2.22%coin-img-XRPXRP-2.07%coin-img-UFOUFO+6,340.00%coin-img-HOGRUNHOGRUN-29.81%coin-img-USDCUSDC+0.01%coin-img-DOGEDOGE+1.00%

Riot Platforms Revises Terms of $200 Million Bitcoin-Backed Loan with Coinbase

ChainCatcher reports, citing market sources, that Bitcoin miner Riot Platforms has updated the terms of its $200 million Bitcoin-backed credit facility with Coinbase. The company replaced the prior floating interest rate linked to the U.S. federal funds rate with a fixed annual rate. The amendment also adds a two-consecutive-day trigger designed to reduce the impact of short-term Bitcoin price swings on margin calls and forced deleveraging. The revised agreement was signed on April 21, 2026, and includes an option to extend for one year. Documents show Riot sold 3,778 Bitcoin in Q1 2026, generating about $289.5 million in revenue. As of March 31, restricted Bitcoin posted as collateral rose to 5,802 Bitcoin.
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