Riot Clears Bitcoin-Backed Debt
The facility carried a fixed annual interest rate of 6.15% after an April 2026 amendment. Riot initially borrowed $100 million from Coinbase in April 2025 and doubled the facility to $200 million a month later.
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In April 2026, the companies amended the agreement, replacing its floating interest rate with a fixed rate.
Riot Expands Data Center Operations
Riot continues expanding its target=”_blank” rel=”noreferrer noopener nofollow”>announced a 20-year lease covering 191 megawatts at its Rockdale campus.
The agreement with an unnamed artificial intelligence developer is expected to generate about $9.1 billion in revenue over the lease term. The deal adds a long-term revenue source as Riot expands its computing infrastructure.
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