Mgt Capital Investments, INC

MGT Capital Investments Inc. has settled a significant convertible note and issued new preferred and common stock, alongside a private placement.

MGT Capital Investments, Inc. has secured $150,000 in a private placement of common stock and plans to raise up to $500,000 for general working capital.

MGT Capital Investments, Inc. announced the completion of a private placement, raising an additional $375,000 for a total of $675,000 through the sale of common stock.

MGT Capital Investments, Inc. announced a private placement of up to $1 million in common stock at $0.001 per share, having already closed on $300,000.

MGT Capital Investments, Inc. has increased its authorized common stock from 2.5 billion to 10 billion shares, approved by its Board and majority stockholder.

MGT Capital Investments, Inc. announced the resignation of its Interim Principal Executive Officer, Paul Taylor, and the appointment of current CFO Jonathan Pfohl as Interim Chief Executive Officer.

MGT Capital Investments, Inc. filed its Q1 2026 10-Q, detailing a significant operational transition with no active revenue-generating operations and a focus on liquidity and strategic alternatives.

MGT Capital Investments, Inc. reported a significant revenue decline and net income drop for Q3 2025, exiting its Bitcoin mining operations and selling its facility while facing substantial doubt about its ability to continue as a going concern.

MGT Capital Investments, Inc. has ceased Bitcoin mining and hosting operations, sold its primary facility, and is now evaluating new business opportunities while facing significant liquidity challenges.

MGT Capital Investments reports a net loss for Q1 2025, discontinues mining operations, sells its Georgia facility, and is undergoing a strategic review for new business opportunities.

MGT Capital Investments, a Bitcoin mining and hosting company, reported continued operating losses and a critical cash balance of zero as of September 30, 2024, despite a net income driven by non-cash derivative gains, and has since undergone significant debt and warrant restructuring leading to a change of control.

MGT Capital Investments, a cryptocurrency mining and hosting company, reported net income for the second quarter and first half of 2024, primarily driven by non-cash gains from derivative liabilities, despite a decrease in operating revenue and a persistent going concern warning.

MGT Capital Investments, Inc. has ceased active cryptocurrency mining and hosting operations, sold its primary facility, and is now evaluating strategic alternatives amidst significant going concern uncertainties.

MGT Capital Investments, Inc. reported a net income of $5.521 million for 2024, primarily due to non-operating gains, despite ceasing all revenue-generating operations and receiving a going concern warning from its auditors.

MGT Capital Investments experienced a decrease in revenue and a net loss for 2023, while navigating changes in its cryptocurrency mining operations and facing ongoing legal challenges.

MGT Capital Investments reports significant changes in beneficial ownership, involving convertible notes, preferred stock, and common stock transactions.

MGT Capital Investments director Michael Onghai was compensated with 500 million common shares to settle $56,000 in accrued director fees.

A director and 10% owner of MGT Capital Investments, Inc. has filed a Form 4 detailing planned transactions for September 22, 2025, involving significant stock acquisitions and a debt conversion.

MGT Capital Investments, Inc. granted 100 million shares of common stock to Interim CEO & CFO Jonathan M. Pfohl at a price of $0.

MGT Capital Investments, Inc. sees a significant ownership update as Project Nickel LLC, managed by DAXvest LLC and ultimately controlled by Grady D. Kittrell, now holds over 51.87% of the company's common stock following a series of debt and equity exchanges.

MGT Capital Investments, Inc. issued 500 million shares to director Michael G. Onghai, settling $56,000 in accrued fees and increasing his beneficial ownership to 11.5%.

Project Nickel LLC, along with DAXvest LLC and Grady D. Kittrell, has increased its beneficial ownership in MGT Capital Investments, Inc. to 66.9% through a series of debt-to-equity conversions and exchanges.