Bitcoin mining company Riot has revised its $200 million Bitcoin collateral loan agreement with Coinbase to reduce short-term price volatility risks.


The key changes in the new agreement include: switching the loan interest rate from floating to fixed; allowing a one-year loan extension; and introducing the "two-day rule," meaning that the value of the collateralized BTC must fall below the threshold for two consecutive days before triggering stricter margin call requirements.
Additionally, Riot sold 3,778 BTC (approximately $289 million) in the first quarter of this year, and the number of restricted BTC used as collateral increased to 5,802 coins. (The Energy Mag)
BTC0.35%
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