
Riot Platforms has secured a $100 million Bitcoin-backed credit facility from Coinbase. The loan carries an annual interest rate of 7.75% and has a maturity period of 364 days. This credit line is intended to support Riot's growth initiatives. Additionally, Riot Platforms filed a prospectus supplement related to the registration of a potential offer and resale by a selling stockholder of up to 8.2 million shares.
$RIOT $COIN Riot Platforms Enters $100M Credit Agreement With Coinbase
$RIOT RIOT PLATFORMS FILES PROSPECTUS SUPPLEMENT RELATES TO REGISTRATION OF POTENTIAL OFFER, RESALE BY SELLING STOCKHOLDER OF UP TO 8.2 MLN SHARES
RIOT PLATFORMS FILES PROSPECTUS SUPPLEMENT RELATES TO REGISTRATION OF POTENTIAL OFFER, RESALE BY SELLING STOCKHOLDER OF UP TO 8.2 MLN SHARES $RIOT
