Riot Platforms repays $200M credit facility, releases collateral

mining

Riot Platforms has fully repaid its $200 million credit facility, releasing the Bitcoin collateral pledged against the loan. The move reduces the miner’s leverage and liquidation risk while restoring flexibility over its Bitcoin holdings. It may strengthen Riot’s balance sheet and provide greater resilience during Bitcoin-market volatility, though it also uses cash that could otherwise fund expansion.

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