Logical Brokerage (RiotX) acquisition
Company: Riot
The claim, verbatim
Acquired 92.5% of Logical Brokerage Corp. for $600,000 cash payment on March 27, 2018
Source (primary)
Riot 10-K filed 2020-03-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 27, 2018, we acquired 92.5% of Logical Brokerage Corp. ("Logical Brokerage" also known as "RiotX") for a $600,000 cash payment”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The business section states that Riot acquired 92.5% of Logical Brokerage on March 27, 2018 for $600,000 cash. The financial statement notes date the agreement and closing to March 26, 2018.
Confirmed in the source:
- Riot acquired 92.5% of Logical Brokerage Corp.
- The price was a $600,000 cash payment
- The acquisition date was March 27, 2018
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000107997320000216/riot_10k-123119.htm) in full (373,694 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 10-K filed 2020-03-25
Quote: “On March 27, 2018, we acquired 92.5% of Logical Brokerage Corp. ("Logical Brokerage" also known as "RiotX") for a $600,000 cash payment”