Summary

  • Riot has repaid a $200 million Coinbase loan, freeing $494 million worth of bitcoin.

  • Riot sold 3.778 bitcoins in the first quarter, more than twice the amount mined.

  • The filing does not mention what happened to the coins that were issued.

Read the original article Riot Sets Free Bitcoin Worth $494 Million From a Coinbase Loan: Will It Be Sold? by Lockridge Okoth on id.beincrypto.com