MGT Capital Investments, Inc. (OTCQB: MGTI)
Office (914) 630-7430 IR (919) 378-1788 Email IR@MGTCI.com
MGT Capital Investments, Inc. (OTCQB: MGTI)
Office (914) 630-7430 IR (919) 378-1788 Email IR@MGTCI.com

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MGT Commences Bitcoin Mining in LaFayette Georgia Facility

DURHAM, NC, October 2, 2019 MGT Capital Investments, Inc. (OTCQB: MGTI) today provided an operating update to investors. Executing on its strategy to consolidate its Bitcoin mining activities in Company wholly owned and managed facilities, MGT announces the following milestones.  The Company has begun Bitcoin mining at its fully owned and operated facility in LaFayette,...
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MGT Capital Orders 1,100 Next Generation Bitmain Miners

DURHAM, NC, July 18, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) today provided the following update to investors. On July 16, 2019, MGT ordered 1,100 Bitmain S17 Antminers from Bitmain, expected to ship from Malaysia in October 2019 without Chinese tariffs. Each miner is rated at a maximum 56 Th/s, allowing for over 60...
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MGT Capital Investments Provides Operating Update

DURHAM, NC, July 10, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) today provided an operating update to investors. Following a complete review of its Bitcoin mining operations, MGT has determined to consolidate its activities going forward in Company-owned and managed facilities. Central to this strategy is the recent purchase of land in LaFayette, GA...
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MGT Capital Provides Operating Update

DURHAM, NC, May 14, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) today provided the following operating update to investors. As previously reported, MGT has been waiting for better economic conditions to resume Bitcoin mining. The recent increase in the price of Bitcoin, without a material increase in the Difficulty Rate, has allowed the Company...
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MGT Capital Issues Yearend Letter to Shareholders

DURHAM, NC, January 9, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) issued the following yearend letter to shareholders from H. Robert Holmes, Chairman of the Board and Interim Chief Executive Officer, Stephen Schaeffer, Chief Operating Officer, and Robert Lowrey, Chief Financial Officer: “We are pleased to report that we have completed the move of our...
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MGTCI Q3 2018 Investor Update Call

Operator: Good day everyone and welcome to today’s quarterly investor update conference call. At this time all participants are in a listen only mode. Later you will have the opportunity to ask questions during the question and answer session. Please note, this call may be recorded. I will be standing by should you need any...
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MGT Capital Announces Third Quarter 2018 Financial Results

DURHAM, NC, November 19, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced the filing of its 2018 Quarterly Report on Form 10-Q with the Securities and Exchange Commission today. The entire document can be viewed at the Company’s website or at www.sec.gov. MGT reported revenues from bitcoin mining of $589,000 in the third quarter ending...
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MGT Capital to Hold Investor Update Call on Tuesday November 20, 2018

DURHAM, NC, November 19, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that it will hold an investor update call at 8:30 AM EST on Tuesday November 20, 2018. Today, the Company will file with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the period ending September 30, 2018. The...
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MGT Capital Enters into Agreement to Relocate Swedish Bitcoin Miners to Colorado

DURHAM, NC, October 25, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today that it entered into a hosting agreement for a facility in Colorado Springs, CO to support its Bitcoin mining operations. As previously disclosed, the Company has been analyzing various options to relocate its approximately 6,300 S9 Antminer Bitcoin Miners presently housed in...
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Combating Speculation and Addressing Investor Concerns

Stephen Schaeffer, Chief Operations Officer, MGT Capital Investments Given the transitional state of the company, a number of rumors have circulated regarding the future of MGT and our current state of operations. In my capacity as COO, I thought it would be appropriate to respond directly to these questions, and address any rumors and speculation...
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MGT Capital Issues Letter to Shareholders

DURHAM, NC, September 27, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) issued the following letter to shareholders from H. Robert Holmes, Chairman of the Board and Interim Chief Executive Officer, Stephen Schaeffer, Chief Operating Officer, and Robert Lowrey, Chief Financial Officer: “The past several months have posed tremendous challenges to the Bitcoin mining industry, and...
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MGT Capital Announces Partnership with MMH Blockchain Group

DURHAM, NC, September 20, 2018 — MGT Capital Investments, Inc. (OTCQB: MGTI) announced today a a new agreement with MMH Blockchain Group, in an effort to expand its engagement with investors and the public. Under the new agreement, MMH Blockchain Group will advise and support MGT on matters related to public relations and marketing. “As the...
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