Riot Platforms has secured a substantial credit line of $100 million from Coinbase, a prominent player in the cryptocurrency exchange space. This loan is backed by Bitcoin, reflecting the growing adoption of crypto-collateralized loans. This partnership aims to strengthen Riot Platforms’ operational capacity and financial agility as it navigates the evolving market landscape. Coinbase continues to expand its lending services within the cryptocurrency sector. Riot Platforms, known for its extensive investments in Bitcoin mining and blockchain technology, is poised to utilize this credit facility to fuel growth opportunities and solidify its presence in the dynamic crypto market.