Bitcoin (BTC) Miner Riot Platforms (RIOT) has signed a $ 100 million credit deal with Coinbase’s credit arm using Bitcoin as a security to secure short -term funding for its ongoing expansion.

The public traded mining company said in a press release that it would draw on the plant over the next two months. The deal offers riots that currently have 19,223 BTC worth over $ 1.8 billion, a credit line that avoids issuing new shares.

“This credit facility is an important part of our efforts to diversify financing sources in support of our operations and strategic growth initiatives to create long -term shareholder value,” CEO Jason Les said in a statement.

The loan issued by Coinbase Credit comes with a variable interest rate: Borrowers pay at least 7.75% annually, calculated as the larger one of 3.25% or the federal funds -the limit, plus 4.5%. The loan period is 364 days, although Riot may be looking for an extension of a year if Coinbase accepts it.

The credit facility is secured with part of RIOT’s total Bitcoin reserves. The company said it will use the funds “to pursue key strategic initiatives and for general business purposes.”

Coinbase has made other similar offers. Just last week, Healthcare Technology Firm Semler Scientific (SMLR) announced that it reached an agreement with Coinbase to borrow cash via a loan secured by its Bitcoin Holdings.

Hytte 8 (Hytte), another Bitcoin Miner, has also utilized a Bitcoin-supported credit facility with coinbase in the past.