Riot shifts to fixed rate in $200 million BTC-backed loan
2h ago•
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🚨 Riot Platforms switched to a fixed rate in its $200 million BTC loan.
Due to this strategic change, Riot’s Bitcoin reserves dropped to 15,680 this week.
📉 Shares fell by 9 percent, sliding under $17 as markets reacted.
🟢 Critical data: The new loan deal uses an LTV ratio, making $BTC movements crucial for future risk.
Continue Reading:Riot shifts to fixed rate in $200 million BTC-backed loan
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