MGT Capital Investments Inc T.MGT.WT.U

Primary Symbol: MGTI

MGT Capital Investments, Inc. is engaged in cryptocurrency activities with operations at an owned and managed Bitcoin mining facility in LaFayette, Georgia. The Company’s business activities are comprised of self-mining operations, providing hosting services, and leasing space to third parties. The Company owned approximately 35 Antminer S19 Pro miners providing about 3 Ph/s in hash power for self-mining. It also offers third-party owners of miners a hosting service whereby the Company operates and maintains the miners for a fixed monthly fee. Its miners and those hosted for others are housed in a modified shipping container on the Company’s owned property in Georgia. The Company owns the entire facility, including land and improvements, five 2500 kilovolt-amp (KVA) three-phase transformers, and three mining containers. The Company is exploring the 10 MW expansion potential at its property as well as investigating other sites to develop Bitcoin mining facilities.

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MGT Capital Investments Inc

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Comment by moreag4meon Apr 25, 2007 11:05pm

195 Views

Post# 12676597

RE: Financing Closed

I took some of the cheap shares that were offered today.In my mind this stock is a no brainer!The ore is in the ground and there is a decline almost ready to extract it ,permits are not an issue.So we have 21 million shares after this offering.What is the down side?

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