Riot Platforms repays $200M credit facility, releases collateral
The Bitcoin miner has continued to expand its data-center business as well.
Riot Platforms has repaid a $200 million credit facility from Coinbase Credit, releasing its collateral which included Bitcoin, USDC, and cash held in custody by Coinbase Custody Trust Company. The miner has also continued to expand its data-center business, securing a 20-year agreement to supply 191 megawatts of capacity from its Texas campus to Anthropic, valued at $9 billion. Riot Platforms reported $167.2 million in revenue for the first quarter of 2026, with its data center business contributing $33.2 million.
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