Riot Platforms, Inc. announced on April 21, 2026, the company entered into a second amended and restated credit agreement and between the Company, as the borrower, and Coinbase Credit, Inc., as lender, collateral agent, and administrative agent (the ?Lender? and together with the Company, the ?Parties?). The Second Amended and Restated Credit Agreement replaces in its entirety the existing amended and restated credit agreement, dated as of May 19, 2025, between the Company and the Lender (the ?Existing Credit Agreement?), which amended and restated the Company?s original credit agreement with the Lender, dated as of April 22, 2025.

All capitalized terms used but not defined herein have the meanings ascribed to them in the Second Amended and Restated Credit Agreement. The Second Amended and Restated Credit Agreement continues the Company?s multiple draw down secured term loan facility in an aggregate principal amount of up to $200 million (the ?Loan?) and amends the Existing Credit Agreement, among other things, to change the rate per annum at which interest accrues on the Loan from a floating rate to a fixed rate and to extend the maturity of the Loan. The Loan matures on the date that is 364 days after the Original Maturity Date (the ?Initial Final Maturity Date?).

The Company may request, no later than ninety (90) days prior to the Initial Final Maturity Date, that the Final Maturity Date be extended by an additional 364 days, subject to the consent of the Lender. The Company?s obligations under the Second Amended and Restated Credit Agreement continue to be secured by a pledge of the Company?s financial assets, including bitcoin, USDC and cash, held in the custody of Coinbase Custody Trust Company, LLC. The Second Amended and Restated Credit Agreement includes representations, warranties, covenants, events of default and other customary provisions for a secured term loan facility of this type.