Riot Platforms, Inc. (RIOT): debt financing — Riot Platforms amends $200M credit facility with Coinbase Credit; fixed rate, maturity extended

Riot Platforms, Inc.

Second Amended and Restated Credit Agreement replaces May 2025 agreement; $200M facility unchanged.
Interest rate changes from floating to fixed; maturity extended to 364 days after original maturity date.
Company may request one 364-day extension subject to lender consent.
Collateral remains bitcoin, USDC, and cash held at Coinbase Custody Trust Company, LLC.
Loan is a multiple draw down secured term facility; customary covenants and events of default apply.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Riot Platforms, Inc. amended credit facility of up to $200 million with Coinbase Credit, Inc. at a fixed rate maturing 364 days after the Original Maturity Date.

Instrument: credit facility
Principal: up to $200 million
Counterparty: Coinbase Credit, Inc.
Rate: a fixed rate
Maturity: 364 days after the Original Maturity Date
Event: amendment

Exact text from the filing

The Second Amended and Restated Credit Agreement continues the Company’s multiple draw down secured term loan facility in an aggregate principal amount of up to $200 million

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Riot Platforms, Inc. entered into Second Amended and Restated Credit Agreement with Coinbase Credit, Inc. valued at $200 million (effective 2026-04-21).

Action: entry
Agreement: credit facility
Counterparty: Coinbase Credit, Inc.
Value: $200 million
Effective: 2026-04-21

Exact text from the filing

On April 21, 2026, Riot Platforms, Inc. (the “ Company ”) entered into a second amended and restated credit agreement (the “ Second Amended and Restated Credit Agreement ”) by and between the Company, as the borrower, and Coinbase Credit, Inc., as lender, collateral agent, and administrative agent (the “ Lender ” and together with the Company, the “ Parties ”).

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Riot Platforms, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-049432

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