Riot Extends $200M Coinbase Credit Line as Bitcoin Holdings Keep Falling

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Riot Platforms amended its $200 million Coinbase Credit facility, replacing a floating rate with a fixed rate and extending maturity by 364 days. The 8-K filing said the loan size and collateral structure stay unchanged. Riot held 15,680 BTC as of Tuesday, down from 19,368 BTC at the start of the year.
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