Mon, Apr 27, 2026
Riot enters second amended Coinbase credit agreement at fixed rate
Key points
- Second amended and restated credit agreement with Coinbase Credit replaces the May 2025 agreement in its entirety
- Continues the multiple-drawdown secured term loan facility of up to $200 million
- Interest changed from a floating to a fixed rate; maturity extended to 364 days after the original maturity date, extendable a further 364 days
- Obligations remain secured by bitcoin, USDC and cash held at Coinbase Custody Trust Company