Addition of over 1,000 Mining Computers Estimated to Bring Monthly Revenue to over $1.0 Million and Monthly EBITDA to over $750,000 DURHAM, N.C., Aug. 25, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has entered a purchase order with Bitmain Technologies for in excess of 1,000 S9 Antminer Mining rigs, with...Read More
DURHAM, N.C., Aug. 23, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has closed on financing to allow the Company to materially ramp up its Bitcoin mining operations. The financing consists of a $2.4 million 10% convertible note (convertible at $1.05 per MGTI share) issued to a single institutional investor, UAHC...Read More
DURHAM, N.C., Aug. 17, 2017 /PRNewswire/ — MGT Capital Investments, Inc. (OTC: MGTI) Today, MGT announced the deployment of 650 new Bitmain S9 Bitcoin mining rigs. These units are located at a new multi MegaWatt facility in central Washington state. The Company anticipates completing the installation and reaching full production within the next two weeks. The...Read More
Plans to Uplist Shares to OTCQB DURHAM, N.C., Aug. 16, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today a corporate restructuring designed to better compete and align resources in the fast-growing Cryptocurrency and Cybersecurity fields. In conjunction with this reorganization, the Company has appointed Stephen Schaeffer as President of MGT Crypto-Capital Strategies. Under...Read More
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