Financing ·
Riot Platforms, Inc. subsidiary Riot DC Logistics entered a credit agreement for a senior secured delayed-draw term…
RIOTRiot Platforms, Inc.
Riot Platforms, Inc. subsidiary Riot DC Logistics entered a credit agreement for a senior secured delayed-draw term loan facility up to $573.0 million on August 10, 2026. Proceeds will fund long-lead equipment and expenses for the 191 MW data center project at its Rockdale Facility. The facility matures December 31, 2026, with interest at SOFR plus 2.75% or Base Rate plus 1.75%. Obligations are secured by Credit Parties' assets and guaranteed by affiliates, with no recourse to the parent company beyond customary exceptions. Riot Platforms operates in the cryptocurrency mining and digital infrastructure industry.