The miner locked in fixed borrowing costs and extended maturity, but a shrinking BTC treasury and loan-to-value triggers leave little room for error if prices slide. Riot has switched its $200 million loan with Coinbase from a floating to a fixed interest rate, with maturity extended by 364 days. The company's bitcoin holdings have fallen to 15,680 BTC from 19,368 BTC at the start of the year, thinning the buffer against loan-to-value triggers that could force collateral top-ups if prices…
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