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

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

The funds will be used for strategic initiatives and general corporate purposes, and cash drawn from the line will carry at least a 7.75% interest rate.

Bitcoin Miner Riot Platforms Gets $100M Credit Facility From Coinbase - WorldNL Magazine

In brief Riot Platforms established a $100 million credit facility via Coinbase Credit. The Bitcoin mining firm will use the funds to fuel key strategic initiatives. A portion of its Bitcoin treasury was used to secure the facility. Publicly listed Bitcoin miner Riot Platforms has secured a credit facility of up to $100 million from Coinbase Credit, the lending arm of the U.S.-based crypto exchange giant.The Bitcoin-backed facility is secured by…

Bitcoin Miner Riot Platforms Gets $100M Credit Facility From Coinbase - Invest In Crypto News

In brief Riot Platforms established a $100 million credit facility via Coinbase Credit. The Bitcoin mining firm will use the funds to fuel key strategic initiatives. A portion of its Bitcoin treasury was used to secure the facility. Publicly listed Bitcoin miner Riot Platforms has secured a credit facility of up to $100 million from Coinbase Credit, the lending arm of the U.S.-based crypto exchange giant. The Bitcoin-backed facility is secured b…

Riot Platforms Secures $100M Coinbase Credit: Boosting Bitcoin Mining Expansion

In a significant move within the digital asset space, Riot Platforms , a prominent player in the Bitcoin mining industry, has announced a substantial financial agreement. The company has successfully secured a $100 million credit facility from Coinbase’s credit division. This deal is particularly no...

Bitcoin Miner Riot Platforms Gets $100M Credit Facility From Coinbase

Riot Platforms has used a portion of its Bitcoin treasury to secure a $100 million loan from Coinbase's lending arm.

Riot Secures $100M Bitcoin Credit from Coinbase Credit - Blockchain & Cryptocurrencies Tabloid

Riot Platforms acquires a $100M Bitcoin-backed credit line with Coinbase Credit, supporting growth initiatives. The post Riot Secures $100M Bitcoin Credit from Coinbase Credit appeared first on Blockchain & Cryptocurrencies Tabloid.