DURHAM, N.C., Oct. 12, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that it has executed a new purchase order with Bitmain Technologies for an additional 2,000 S9 Antminer mining rigs, with shipment expected by the end of fourth quarter 2017. Funds for the large order were provided by institutional investors though agreements...Read More

DURHAM, N.C., Oct. 2, 2017 /PRNewswire/ — MGT Capital Investments, Inc. (OTCQB: MGTI) today announced the commercial launch of its Sentinel network intrusion detection system. Orders will be accepted via the website, www.mgtsentinel.com. The MSRP per unit is $2,499, inclusive of one year of monitoring, and will ship on November 1, 2017. The Sentinel system, composed...Read More

DURHAM, N.C., Sept. 18, 2017 /PRNewswire/ — MGT Capital Investments, Inc. (OTCQB: MGTI) today announced the Company has been approved for up-listing and will commence trading effective today on the OTCQB Venture Market, operated by OTC Markets Group. OTCQB is designed for early-stage and developing U.S. and international companies. To be eligible, companies must be...Read More

Proceeds to be Used for Further Investment in Cryptocurrency Mining DURHAM, N.C., Sept. 12, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has amended its existing equity line of credit with L2 Capital to allow MGT the flexibility to put to L2 up to 12.3 million shares of the Company’s common...Read More

Upon full deployment, MGT Mining Computers Estimated to Produce Monthly Revenue of $1.4 Million and Monthly EBITDA of $1.0 Million by yearend 2017 DURHAM, N.C., Sept. 1, 2017 /PRNewswire/ – MGT Capital Investments, Inc. (OTC: MGTI) announced today that it has increased its purchase order with Bitmain Technologies for an additional 500 S9 Antminer Mining rigs,...Read More

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