Brief
Riot Platforms Repays $200 Million Credit Facility
The miner finished paying the principal and interest on Monday, with no early‑termination fees, and has secured a major AI‑related power deal in Texas.
By Felo News Desk · Published
Bitcoin miner Riot Platforms finished repaying a $200 million credit facility from Coinbase Credit on Monday, freeing the collateral that had been pledged by the company. The loan, which was secured by a pledge of Riot’s financial assets including Bitcoin, USDC and cash held in custody by Coinbase Custody Trust Company, was paid in full with no early‑termination fees or penalties, according to a Friday filing with the U.S. Securities and Exchange Commission.
Riot has also continued to expand its data‑center operations. In August, the company secured a 20‑year agreement to supply 191 megawatts of capacity from its Rockdale, Texas, campus to a leading frontier AI company, Anthropic, in a deal valued at about $9 billion, Bloomberg reported. The miner’s newly launched data‑center business contributed $33.2 million to its $167.2 million first‑quarter 2026 revenue, as reported by Cointelegraph in May.
Key facts
- Riot Platforms repaid a $200 million credit facility from Coinbase Credit (cointelegraph.com)
- The loan was secured by a pledge of Riot’s financial assets, including Bitcoin, USDC and cash (cointelegraph.com)
- No early‑termination fees or penalties were incurred (cointelegraph.com)
- Riot secured a 20‑year power supply agreement with Anthropic for 191 megawatts (cointelegraph.com)
- The Anthropic deal is valued at about $9 billion (cointelegraph.com)
- Riot’s data‑center business contributed $33.2 million to Q1 2026 revenue (cointelegraph.com)
Sources
- [1] cointelegraph.com — originally reported as “Riot repays $200 million loan”
