Bitcoin miner Riot Platforms is moving its digital asset custody to BitGo Bank & Trust following a shift in the provider's institutional trading landscape.
Riot Platforms has repaid a $200 million loan to Coinbase, regaining control over 5,821 Bitcoin worth $494 million as it pivots toward AI infrastructure development.
Riot Platforms has repaid a $200 million loan to Coinbase Credit seven months early, regaining control of 5,821 BTC previously held as collateral.
Riot Platforms has repaid a $200 million credit facility to Coinbase Credit, successfully releasing all pledged collateral without incurring additional penalties.
