Riot Platforms Repays $200M Credit Line, Frees BTC and USDC Collateral
- —Riot repaid the $200M credit line with interest and no prepayment penalties
- —Collateral included Bitcoin, USDC and cash held by an institutional custodian
- —Riot reported $167.2M in total revenue for Q1 2026
- —Its data center division contributed $33.2M of that revenue
Why it matters: Freeing BTC and USDC collateral cuts the risk of forced selling and underscores Riot's push into AI data centers as a second revenue stream.
Source: Bit2Me News