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

DURHAM, N.C., June 23, 2017/PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today an agreement with Bit5ive LLC to purchase up to 60 graphics processor-based mining computers. These machines will utilize the highest quality GPU cards and Intel CPU’s with a design to divide the hash rate between Ethereum (ETH) and Ethereum Classic (ETC). The...Read More

Addition of 1,000 Mining Computers Estimated to Bring Total Capacity to 18 PH/s, With Monthly Revenue to $450,00 and Monthly Cash Flow to over $200,000 DURHAM, N.C., May 22, 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...Read More

DURHAM, N.C., May 5, 2017 /PRNewswire/ — MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has entered into a joint venture partnership with Nordic IT Sourcing Association Venture Partners to develop and market the world’s most secure mobile phone. The partnership agreement specifies an initial 50-50 equity split, prior to expected third party...Read More

DURHAM, N.C., April 12, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) today provided an update on MGT Sentinel, an intrusion monitoring platform designed to protect corporate and enterprise intranets from sophisticated hacking threats. John McAfee, Executive Chairman and Chief Executive Officer of MGT, explained, “When I joined MGT, my stated mission was to deliver...Read More

Company Will Partner with Nordic IT DURHAM, N.C., March 14, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has signed a non-binding letter of intent with Nordic IT Sourcing Association to develop a truly secure mobile phone. The letter of intent is expected to lead to a definitive contract whereby MGT...Read More

Company Will Issue 2.0 million Shares for 46% Interest in Demonsaw DURHAM, N.C., March 3, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) today announced that it has acquired a 46% equity interest in Demonsaw LLC, led by Eric (“Eijah”) Anderson. Today’s action concludes events begun in May 2016 and allows the Company to reap...Read More