The amended facility replaces a floating rate with a fixed annual rate and delays stricter collateral calls unless Bitcoin stays below set thresholds for two consecutive days.
Riot Platforms revised its $200 million Bitcoin-backed credit agreement with Coinbase by replacing the floating interest rate with a fixed annual rate and adding a two-day rule for stricter collateral calls. Under the new terms, tighter collateral requirements are delayed until Bitcoin falls below specified thresholds for two consecutive days. Separately, Riot said it sold 3,778 BTC for about $289.5 million in the first quarter of 2026.