Equity investment in TessPay
Company: Riot
The claim, verbatim
Owns approximately 8.8% equity interest in TessPay Inc., a blockchain solutions developer for telecommunications
Source (primary)
Riot 10-K filed 2020-03-25 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We also owned approximately 8.8% of TessPay Inc., ("Tess"). Tess is developing TessPay and other blockchain solutions for telecommunications companies”
How we checked this
Checked on September 23, 2026. The cited source supports every part of this claim.
The filing states Riot owned about 8.8% of TessPay Inc., which is developing TessPay and other blockchain solutions for telecommunications companies.
Confirmed in the source:
- Riot owned approximately 8.8% of TessPay Inc.
- TessPay Inc. is developing blockchain solutions for telecommunications companies
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: “We also owned approximately 8.8% of TessPay Inc., ("Tess"). Tess is developing TessPay and other blockchain solutions for telecommunications companies”