{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-005568","form_type":"8-K","ticker":"RIOT","cik":"0001167419","company_name":"Riot Platforms, Inc.","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.683833+00:00","generated_at":"2026-05-23T05:42:12.496875+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Riot Platforms enters $100M bitcoin-collateralized credit facility with Coinbase Credit","bullets":["Secured term loan up to $100M, collateralized by bitcoin, USDC, and cash held at Coinbase Custody Trust.","Interest rate is greater of fed funds upper limit or 3.25% plus 4.50% margin; 4.75% during second deleveraging.","Maturity 364 days from April 22, 2025, extendable by 364 days with lender consent; upfront fee 1% ($1M).","Voluntary prepayment min $5M with early termination fees; mandatory prepayment on change of control or LTV breach.","Loan available in up to three drawdowns within two months; proceeds for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-005568","json":"https://secwatch.observer/filing/0001558370-25-005568.json","markdown":"https://secwatch.observer/filing/0001558370-25-005568.md","text":"https://secwatch.observer/filing/0001558370-25-005568.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1167419/000155837025005568/0001558370-25-005568-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1167419/000155837025005568/riot-20250422x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:42:12.496875+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}