Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales

Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailRiot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more salesThe miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide.By James Van Straten, AI Boost|Edited by Nikhilesh De Apr 28, 2026, 4:30 p.m. Make preferred on Riot Platforms’ acquisition of Block Mining makes sense, JPMorgan says. (Sandali Handagama)What to know: Riot has switched its $200 million loan with Coinbase from a floating to a fixed interest rate, with maturity extended by 364 days.The company's bitcoin holdings have fallen to 15,680 BTC from 19,368 BTC at the start of the year, thinning the buffer against loan-to-value triggers that c

Source: https://www.coindesk.com/markets/2026/04/28/riot-extends-usd200-million-coinbase-credit-facility-and-bitcoin-weakness-could-mean-more-sales