secwatch.observer — SEC 8-K summary
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Issuer:     Riot Platforms, Inc. (RIOT)
CIK:        0001167419
Form:       8-K
Filed at:   2026-09-25T20:30:38+00:00
Accession:  0001104659-26-111003
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Riot Platforms prepays $200M Coinbase Credit loan, terminates credit agreement
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- Riot Platforms fully prepaid all outstanding principal under its Second Amended and Restated Credit Agreement with Coinbase Credit, Inc. on September 21, 2026.
- The facility provided up to $200 million in secured term loans, collateralized by Riot's bitcoin, USDC, and cash held at Coinbase Custody Trust Company, LLC.
- No early termination fees or penalties were incurred because the prepayment occurred after the four-month anniversary of the Original Maturity Date, making the Day Count Fraction zero.
- All obligations were satisfied and discharged, the Credit Agreement terminated, and security interests granted to the lender were released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1167419/000110465926111003/0001104659-26-111003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1167419/000110465926111003/riot-20260921x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-111003

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