Riot Platforms repays $200M credit facility, releases 5,821 BTC from collateral

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Riot Platforms completed an early repayment of its $200 million secured credit facility with Coinbase Credit on September 21, roughly seven months ahead of its original April 2027 maturity date, with no penalties incurred. The repayment freed approximately 5,821 BTC, representing about 51% of the company’s total Bitcoin holdings of 11,380 BTC, valued at around $340.7 million as of the end of June. The company also recovered USDC and cash held at Coinbase Custody. Meanwhile, Riot Platforms is expanding its data centers in Texas, including a 191-megawatt 20-year lease with an AI laboratory and a 50-megawatt deal with AMD, with projected combined revenue of approximately $9.1 billion over their lifespans.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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