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Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto
Riot Platforms sold 475 Bitcoin worth $38.8 million in December as profit margins narrow throughout the mining sector. The Colorado firm, the secon...
May, 07, 2025
2 min read
by NewsBTC
Riot Platforms Sees Revenue Surge in Q1 Despite Losses Amid AI Pivot
Riot Platforms reported a sharp revenue increase in the first quarter of 2025, though the company still posted a sizable net loss.
The post Riot Pl...
May, 02, 2025
3 min read
by Cryptonews
Riot Platforms leverages $1.8 billion Bitcoin trove for $100 million Coinbase loan
Bitcoin miner Riot Platforms has entered into a $100 million credit agreement with Coinbase, using its BTC holdings as collateral. According to the...
Apr, 24, 2025
2 min read
by CryptoSlate
Riot Platforms uses Bitcoin to back short-term $100 million credit line from Coinbase
Bitcoin miner Riot Platforms has signed an agreement to borrow $100 million from crypto exchange Coinbase. The firm announced the deal in a press r...
Apr, 23, 2025
3 min read
by CryptoPolitan
Riot Platforms Taps $100M Bitcoin-Backed Credit From Coinbase to Turbocharge Expansion
Riot Platforms has arranged a $100 million bitcoin-backed credit facility with Coinbase Credit. The 364-day loan, pegged to the federal funds rate ...
Apr, 23, 2025
2 min read
by Cryptonews