Minority stake acquisition in Coinsquare (September 2017)
Company: Riot
The claim, verbatim
Riot acquired a minority interest of 10.9% in goNumerical Ltd. (Coinsquare) for $3,000,000 USD in September 2017
Source (primary)
Riot 8-K filed 2018-09-07 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company acquired a minority interest for $3,000,000 USD, (10.9%) in goNumerical, Ltd., (d/b/a : Coinsquare)”
How we checked this
Checked on September 23, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms the $3 million purchase of a 10.9% stake. It says only that the purchase was disclosed in September and December 2017 and does not say when the acquisition itself happened.
Confirmed in the source:
- Riot acquired a 10.9% minority interest in goNumerical Ltd. (Coinsquare)
- Riot paid $3,000,000 USD for that interest
- The acquisition had been disclosed previously in September 2017 and December 2017
We could not confirm this from the cited source:
- That the acquisition took place in September 2017
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000155335018001021/riot_8k.htm) in full (17,523 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Riot 8-K filed 2018-09-07
Quote: “the Company acquired a minority interest for $3,000,000 USD, (10.9%) in goNumerical, Ltd., (d/b/a : Coinsquare)”