Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and […]
Source: https://news.bitcoin.com/coinbase-provides-100-million-credit-facility-to-bitcoin-mining-company-riot-platforms/