Shares of Riot Platforms and Coinbase Global rose during Wednesday's trading after Riot announced that it entered into a $100 million credit facility with Coinbase.

Riot Platforms (RIOT) announced that it has entered into a $100M credit facility with Coinbase Credit, a subsidiary of Coinbase Global (COIN).

Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as ...