Bitcoin miner Riot Platforms repaid a $200 million credit facility from Coinbase Credit this week, Cointelegraph reported on Sep 27, 2026. Paying off the facility released the collateral that had backed it.
Riot had pledged some of its financial assets to secure the facility, including Bitcoin, USDC and cash. Coinbase Custody Trust Company held those assets.
The report gives no figure for how much Bitcoin was in the collateral, and it does not give the facility's terms. It also does not say why Riot chose to repay now. The article notes that Riot has kept expanding its data-center business alongside its mining.
For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report does not show any effect on funding rates, trading fees or perpetual market liquidity. Riot got its collateral back, but the report says nothing about what Riot will do with it.
Source: cointelegraph — Riot Platforms repays $200M credit facility, releases collateral