MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that Stephen Schaeffer, Chief Operating Officer of the Company, will host a “fireside chat” at the Crypto Mining Forum in Miami on Saturday, July 28, 2018.
Mr. Schaeffer will address the group and field questions on multiple topics related to the bitcoin mining ecosphere. Among the expected topics will be public versus private ownership of mining entities, and the logistics of design and operation of large scale mining locations.
Sponsored by Bitmain Technologies Inc., the Crypto Mining Forum is an invitation-only gathering of the top bitcoin mining industry participants in the crypto mining industry from the Americas. Mr. Schaeffer stated, “I am honored to be invited to participate in this event of industry thought leaders.”
About MGT Capital Investments, Inc.
Operating in facilities in northern Sweden and Washington State, MGT Capital Investments, Inc. (OTCQB: MGTI) ranks as one of the largest U.S. based Bitcoin miners. MGT owns and operates approximately 6,800 Bitmain S9 miners, and 50 GPU-based Ethereum mining rigs. Further, the Company continues to execute on an expansion model to secure low cost power and grow its crypto assets materially.
For more information on the Company, please visit: https://mgtci.com
Forward–looking Statements
This press release contains forward–looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward–looking statements.” All information set forth in this news release, except historical and factual information, represents forward–looking statements. This includes all statements about the Company’s plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the crypto mining industry; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow and execute its business strategy; volatility in the Bitcoin market; and other factors set forth in the Company’s most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward–looking statements, which reflect management’s analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.
Investor and Media Contacts
Robert Lowrey
Chief Financial Officer
rlowrey@mgtci.com
Grace Livingston
glivingston@mgtci.com
919.973.0954
