Sentiment: Negative
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC
By Andjela Radmilac at 2026-09-28 05:02
Sentiment: Negative
Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan. Bitcoin then fell far enough that the agreement required another 1,825 BTC, taking the collateral balance to 5,802 in February. Those coins still belonged to Riot and sat in a segregated custody account under Coinbase's lien. Riot couldn't deploy them elsewhere […] The post Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Lending #Market #Mining
Source CryptoSlate