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Riot Platforms Lands $100M Bitcoin-Backed Loan From Coinbase—Because Traditional Banks Still Don’t ‘Get It’
Riot Platforms Lands $100M Bitcoin-Backed Loan From Coinbase—Because Traditional Banks Still Don’t ‘Get It’
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Mining giant Riot just secured a nine-figure credit line—collateralized by Bitcoin, naturally—from Coinbase. Because when Wall Street hesitates, crypto institutions double down. The move signals growing confidence in Bitcoin as institutional-grade collateral, even as skeptics scoff at the volatility. One thing’s clear: the old financial guard isn’t invited to this party.
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