Bitcoin Power Play: Riot Platforms Lands a $100M Credit Line From Coinbase

TL;DR Riot Platforms signed a $100 million credit line with Coinbase Credit, using part of its bitcoin reserves as collateral. The agreement allows the mining company to access liquidity without issuing new shares, preserving its equity value and strengthening its operational position. The line, with a minimum annual interest rate of 7. 75%, will remain available. . . source: https://crypto-economy.com/bitcoin-power-play-riot-platforms-lands-a-100m-credit-line-from-coinbase/