Riot extends $200 million Coinbase credit facility, and bitcoin weakness could mean more sales

Share This Post

The miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide.

Related Posts

Meta Scales AI Infrastructure With AWS Chip Deal

Meta entered into a new agreement to deploy millions...

Bitcoin Drops Under $76K As Investors Weigh Regulatory, AI Risk

Key takeaways:Stalled progress on the CLARITY Act and hiccups...

Jack Dorsey’s Block Launches Bitcoin Proof-of-Reserves

Online payments firm Block has launched proof-of-reserves for its...

Stake and ACE & Company Partner to Launch Secondary Market for UAE Fractional Real Estate

Stake, the MENA region’s leading digital real estate investment...

Can Bitcoin price hit $250K this year? Top BTC chart watchers weigh in

Bitcoin (BTC) is trading roughly 40% below its October...

AML Fines Eclipse SEC Cases as Top Crypto Risk: Report

Anti-Money Laundering enforcement has overtaken securities violations as the...