
The Bitcoin miner has continued to expand its data-center business as well.
Bitcoin miner Riot Platforms this week repaid a $200 million credit facility from Coinbase Credit, releasing its collateral.
The facility had been secured by a pledge of Riot’s financial assets, including Bitcoin, USDC and cash, which was held in the custody of Coinbase Custody Trust Company.
Riot finished paying the remaining principal and interest on Monday, according to a Friday filing with the US Securities and Exchange Commission.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.