Riot Platforms and Coinbase Credit reach a $100 million credit agreement

Odaily Planet Daily News: Bitcoin mining company Riot Platforms has reached a $100 million credit agreement with Coinbase Credit, which the company stated will be used for strategic planning and general corporate purposes. It is reported that the floating interest rate of this loan is at least 7.75% per year, with a term of 364 days, and is only guaranteed by a portion of Riot's Bitcoin reserves. （（CoinDesk）