# Riot Platforms, Inc. (RIOT) — capital_raise [announced]
Source: sec.gov · situation sit_a3aaa89b6d8869c1af58 · public 7360133893079696765 · retrieved 2026-08-20T14:08:31.006Z

## Overview
We operate in two reportable business segments: Bitcoin Mining and Engineering.

On August 10, 2026, Riot DC Logistics, LLC, a wholly owned subsidiary of Riot Platforms, Inc., entered into a credit agreement with Morgan Stanley Senior Funding, Inc. as administrative agent and multiple lenders. The agreement provides a senior secured delayed-draw term loan facility of up to $573.0 million, available for borrowing commencing August 10, 2026. The proceeds are intended to fund the purchase of long-lead equipment and related project equipment for the Company's 191 critical IT MW data center project at its Rockdale Facility. Loans bear interest at either the Adjusted Term SOFR rate plus 2.75% margin or the Base Rate plus 1.75% margin, and mature on December 31, 2026. The Borrower's obligations are guaranteed by each subsidiary of the Borrower and its affiliate, RPI AUS01-0H DC LLC, and secured by a lien on substantially all assets of the Credit Parties.

## Terms
- Counterparty: Morgan Stanley Senior Funding, Inc. and syndicate of lenders · Deal value: $573.0M

## Key dates
- Announced 2026-08-14 · Expected close 2026-08-10

## Timeline
- 2026-08-14 · 8-K (0001104659-26-097330): 8-K - Riot Platforms, Inc. — *We operate in two reportable business segments: Bitcoin Mining and Engineering.* On August 10, 2026, Riot DC Logistics, LLC, a wholly owned subsidiary of Riot Platforms, Inc., entered into a credit agreement with Morgan Stanley Senior Funding, Inc. as administrative agent and multiple lenders. The agreement provides a senior secured delayed-draw term loan facility of up to $573.0 million, available for borrowing commencing August 10, 2026. The proceeds are intended to fund the purchase of long-lead equipment and related project equipment for the Company's 191 critical IT MW data center project at its Rockdale Facility. Loans bear interest at either the Adjusted Term SOFR rate plus 2.75% margin or the Base Rate plus 1.75% margin, and mature on December 31, 2026. The Borrower's obligations are guaranteed by each subsidiary of the Borrower and its affiliate, RPI AUS01-0H DC LLC, and secured by a lien on substantially all assets of the Credit Parties.
  https://www.sec.gov/Archives/edgar/data/1167419/0001104659-26-097330.txt

## Citations
- 0001104659-26-097330 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926097330