TechFlow News, April 28: According to TheEnergyMag, Bitcoin mining company Riot Platforms has revised its $200 million Bitcoin-collateralized credit facility agreement with Coinbase. The revision replaces the original floating interest rate—tied to the U.S. federal funds rate—with a fixed annual interest rate and introduces a two-consecutive-day trigger mechanism to mitigate the impact of short-term Bitcoin price volatility on margin calls and forced deleveraging.
The new agreement was signed on April 21, 2026, and is eligible for a one-year extension. Per the filing, Riot sold 3,778 Bitcoins in Q1 2026, generating approximately $289.5 million in revenue; as of March 31, its restricted Bitcoin collateral increased to 5,802 Bitcoins.
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