
Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and
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Dolomite launches DOLO native token

Dolomite , a decentralized finance ( DeFi ) lending and borrowing protocol, is launching its token generation event ( TGE ), as per the reports shared with Finbold on Thursday, April 24. DOLO, the platform’s native token, will be available 9:00 AM EST on major centralized exchanges (CEX), including Bybit, Binance Alpha, Bitget , KuCoin , and Kraken , as well as on decentralized exchanges ( DEX ) like Kodiak and Uniswap. DOLO airdrop A successful airdrop has already distributed 20% of the total DOLO supply to Dolomite users and Minerals Program participants. The distributed supply is split 50:50 between liquid DOLO and a locked, governance-enabled version known as veDOLO. Eligible recipients can claim their tokens within six months. More efficient lending and borrowing With its flexible architecture, Dolomite enables more efficient borrowing, lending , and asset deployment. Further, it allows users to manage multiple borrowing positions within a single wallet , each positioned being customizable and secured by yield-generating collateral. As such, the model ensures greater liquidity and lets users borrow while still earning on their holdings. Increased DeFi efficiency Dolomite occupies the leading position on Berachain and ranks as the 10 th -largest money market protocol in the broader ecosystem, even reaching 7 th place in terms of total fees generated. So far, the protocol has processed more than $928 million in trading volume and boasts collateralization for over 1,000 digital assets. Looking ahead, Dolomite plans to roll out a number of new features to enhance functionality and user experience. A notable upcoming feature is the so-called “Smart Debt,” a system that lets users leverage the debt or collateral of users who opt-in to the functionality. For example, users supplying Tether ( USDT ) may have it swapped for USD Coin ( USDC ), which would allow their funds to support active trading pairs. Similarly, traders can take on debt in one asset while repaying in another to improve capital utilization. The post Dolomite launches DOLO native token appeared first on Finbold . Bitcoin.com

Japanese Investment Firm Metaplanet Reaches First Target for Bitcoin Purchases! What`s Next? Here Are the Details
Japanese investment firm Metaplanet has officially surpassed the 5,000 Bitcoin (BTC) mark in its corporate treasury, cementing its position as one of Asia’s largest public Bitcoin holders. Metaplanet Reaches 5,000 BTC Milestone Amid Aggressive Treasury Expansion The Tokyo-listed company announced that it has purchased an additional 145 BTC worth a total of $13.6 million at an average price of approximately $93,327 per coin. With this latest purchase, Metaplanet’s total Bitcoin holdings have reached 5,000 BTC, currently valued at around $428.1 million. The firm’s average acquisition cost of its holdings is $85,621 per BTC. Metaplanet’s bitcoin strategy has delivered impressive returns through 2025, with the company reporting a 121.1% year-to-date (YTD) BTC Return, a proprietary key performance indicator used to measure the increase in Bitcoin per share held by investors. This metric filters out dilution effects from share issuance and focuses solely on the effectiveness of the firm`s bitcoin holdings. In Q1 2025 alone, Metaplanet achieved a BTC Return of 95.6%, indicating strong capital efficiency in its treasury strategy despite market volatility. The firm’s commitment to bitcoin as a strategic reserve asset continues to draw both praise and scrutiny from shareholders. Metaplanet’s shares were trading down 5% at the time of publication amid broader weakness in bitcoin proxy stocks. With an ambitious goal of reaching 10,000 BTC by the end of the year, Metaplanet continues to pursue an aggressive path of accumulating digital assets and positions itself as a major player in the evolving landscape of bitcoin treasury adoption. *This is not investment advice. Continue Reading: Japanese Investment Firm Metaplanet Reaches First Target for Bitcoin Purchases! What`s Next? Here Are the Details Bitcoin.com