✉news BusinessCrypto first seen 1 h ago, last just now, peak #16
Riot Frees $494 Million in Bitcoin From Coinbase Loan
Original: Riot Frees $494 Million in Bitcoin From Coinbase Loan: Will It Sell?
Bitcoin miner Riot has released $494 million worth of bitcoin by settling or freeing collateral tied to a loan facility with Coinbase. The move puts the company in control of a substantial crypto holding, and market watchers are debating whether Riot will now sell the coins to fund operations or hold them, a decision that could affect supply pressure in the bitcoin market.
Why now: Investors are speculating on whether Riot will sell the freed bitcoin, which could move the market.
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to just now.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/127654