Riot Platforms fully repaid and terminated its $200 million Bitcoin-backed credit facility from Coinbase Credit after settling all outstanding principal and accrued interest through September 21, according to a Form 8-K filed with the U.S. Securities and Exchange Commission on September 25. The repayment released Coinbase’s security interests in pledged assets and ended its commitment to provide further loans. Riot had pledged 5,821 BTC, or about 51% of its 11,380 BTC holdings as of June 30, when the collateral was valued at approximately $340.7 million. The facility allowed multiple drawdowns and accepted Bitcoin, USDC and cash as eligible collateral. Its fixed annual interest rate was 6.15% under an April amendment, and Riot incurred no early-termination fee or penalty.