Riot Platforms Repays $200 Million in Coinbase Loans, Liberating Nearly 12,597 Bitcoins
2026-09-27 23:18:10
CoinMeta US stock data: Riot Platforms has repaid a $200 million Coinbase loan, releasing 5,821 Bitcoin coins that were locked as collateral. At the current price of around $84,800 per coin, the total value of these Bitcoins is approximately $494 million. Riot, as a Bitcoin mining company listed on NASDAQ, can now control this portion of Bitcoins without any restrictions. In addition, Riot is making significant investments to transform its mining facility in Texas into an artificial intelligence data center.
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Source:BeInCrypto
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