Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase

By Yahoo! Finance   |   2 weeks ago
Riot Platforms Secures $100M Bitcoin-Backed Credit Line From Coinbase

Riot Platforms secures $100 million credit agreement with Coinbase using bitcoin as collateral for expansion. The loan offers a line of credit without issuing new shares, ensuring long-term shareholder value. Coinbase's credit arm is also partnering with other firms for similar loans.

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