Riot revises the terms of the $200 million Bitcoin collateral credit line with Coinbase
According to market news, Bitcoin mining company Riot Platforms has revised its $200 million Bitcoin collateralized credit agreement with Coinbase, changing the floating interest rate previously linked to the U.S. federal funds rate to a fixed annual interest rate, and introducing a continuous 2-day trigger mechanism to reduce the impact of short-term Bitcoin price fluctuations on additional collateral and forced deleveraging.
The new agreement was signed on April 21, 2026, and can be extended for another year. Documents show that Riot previously sold 3,778 Bitcoins in the first quarter of 2026, generating approximately $289.5 million in revenue; as of March 31, its restricted Bitcoin collateral increased to 5,802 Bitcoins.
You may also like
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
