Riot may unlock 1,547 BTC worth up to $121M without repaying Coinbase’s $200M loan

Riot may be able to unlock between 1,159 BTC and 1,547 BTC, valued at up to $121 million, without repaying its $200 million Coinbase loan. The release is not automatic: Riot must qualify for two days, request the release and rely on Coinbase to control the calculation.

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Riot may unlock 1,547 BTC worth up to $121M without repaying Coinbase’s $200M loan - CoinPost Terminal