Riot Platforms closes $200M Coinbase Bitcoin credit line

{
  "signal_id": "065bf77c-132c-930a-7043-46e259964711",
  "signal_type": "news",
  "signal_subtype": "loses_client",
  "detected_at": "2026-09-29T21:58:36+00:00",
  "company": {
    "name": "Coinbase",
    "domain": "coinbase.com"
  },
  "data": {
    "url": "https://crypto.news/riot-platforms-closes-coinbase-bitcoin-credit-line/",
    "title": "Riot Platforms closes $200M Coinbase Bitcoin credit line - Crypto News",
    "excerpt": "Share Riot Platforms has fully repaid its Coinbase Credit borrowing and closed the $200 million Bitcoin-backed facility, releasing the lender’s claims on pledged assets after settling principal and accrued interest on Sep. 21. Riot Platforms’ Form 8-K, filed with the U.S. Securities and Exchange Commission on Sep. 25, disclosed that the company voluntarily prepaid its outstanding borrowing under the agreement signed on April 21, 2026. After receiving Riot’s repayment notice, Coinbase Credit was paid the remaining principal and all accrued, unpaid interest through Sep. 21, according to the filing. The payment discharged Riot’s obligations under the agreement and ended the lender’s commitment to make further loans. Under the terminated agreement, Coinbase Credit served as lender, collateral agent and administrative agent, the SEC filing stated. The facility allowed multiple drawdowns up to an aggregate principal amount of $200 million, backed by financial assets held with Coinbase Custody Trust Company. Eligible pledged assets included Bitcoin, USDC, and cash, according to the disclosure. Alongside the repayment, Coinbase’s security interests under the collateral documents were released. No early-termination fee or penalty applied, the filing said, because Riot repaid after the four-month anniversary of the agreement’s original maturity date. The day-count fraction used to...",
    "summary": "Coinbase Credit's $200 million Bitcoin-backed credit facility with Riot Platforms was fully repaid and closed by the borrower.",
    "planning": false,
    "image_url": "https://media.crypto.news/2024/12/crypto-news-RIOT-option02.webp",
    "confidence": 0.9,
    "published_at": "2026-09-29T21:58:36Z",
    "effective_date": "2026-09-21",
    "article_sentence": "Riot Platforms has fully repaid its Coinbase Credit borrowing and closed the $200 million Bitcoin-backed facility, releasing the lender’s claims on pledged assets after settling principal and accrued interest on Sep. 21.",
    "amount_normalized": 200000000,
    "related_company_name": "Riot Platforms",
    "related_company_domain": "riotplatforms.com"
  }
}

curl https://signals.autobound.ai/v1/signals/065bf77c-132c-930a-7043-46e259964711 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"coinbase.com","limit":20}'