✉news BusinessCrypto first seen 4 h ago, last 3 min ago, peak #11
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. 4 snapshots from 4 h ago to 3 min ago.
Evidence
- Riot Frees $494 Million in Bitcoin From Coinbase Loan: Will It Sell? · Yahoo Finance
- Riot Frees $494 Million in Bitcoin From Coinbase Loan: Will It Sell? · BeInCrypto
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