Riot Platforms Upsizes Credit Facility to $200M with Coinbase

Quick Summary:

Bitcoin mining in the United States has helped secure the network amid mainstream adoption by institutional investors.Riot Platforms, Inc.

Furthermore, the cash inflow to Bitcoin’s investment products has significantly increased in the recent past, led by the U.S.spot BTC ETFs.

The company’s increased support for the Bitcoin network has played a crucial role in the stabilization process, which has significantly prevented the 51 percent attack and thus attracted more institutional investors.

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Article Details

Author / Journalist: Steve Muchoki

Category: Crypto

Markets: United States

Topics: Riot Coinbase Credit Quarter First Bitcoin Announced Mining Facility Increased Platforms

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-20 @ 20:05:16 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 28881689

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 14 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Publisher ID: #112

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