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Riot has revised its $200 million credit line agreement with Coinbase to cushion the impact of Bitcoin price volatility. - CoinFeed
Time 06:22

Riot has revised its $200 million credit line agreement with Coinbase to cushion the impact of Bitcoin price volatility.

April 28, 2026
CoinFeed News

CoinFeed reported on April 28th that, according to TheEnergyMag, Bitcoin mining company Riot Platforms has revised its $200 million Bitcoin collateralized credit line agreement with Coinbase, changing the floating interest rate to a fixed rate and adding protection against short-term market volatility. The new agreement introduces a "two-day rule": stricter collateral requirements will only be triggered if the price of Bitcoin falls below a threshold for two consecutive days, whereas previously a single day's price drop would trigger it. The agreement was originally a 364-day loan, but can now be extended for up to one year. Riot sold 3,778 Bitcoins in the first quarter, generating approximately $289.5 million in revenue, and the amount of Bitcoin collateralized increased from 3,977 at the end of 2025 to 5,802 as of March 31st.

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