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Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC

CryptoSlate
Bitcoin crash forced Riot to pledge 1,825 BTC, but this huge rally may now free up 1,500 BTC

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.

Key Takeaways

  1. Riot Platforms entered 2026 with 3,977 BTC pledged against a $200 million Coinbase loan.
  2. Bitcoin then fell far enough that the agreement required another 1,825 BTC, taking the collateral balance to 5,802 in February.
  3. Those coins still belonged to Riot and sat in a segregated custody account under Coinbase's lien.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.