|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.000 - 0.000|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 13, 2017 - Apr 17, 2017|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.50|
Mr. Schaeffer has served as President of the Company's Crypto-Capital Strategies division since August 2017. In this role, Mr. Schaeffer has led the Company's crypto team domestically as well as the expanded operation in Sweden. Mr. Schaeffer has an extensive background in building and operating large scale crypto mining centers since 2012.
Company Also Applies for NASDAQ Listing DURHAM, N.C. , June 13, 2018 /PRNewswire/ -- MGT Capital Investments, Inc . (OTCQB: MGTI) announced that it has filed a Universal Shelf Registration Statement covering ...
Investors are encouraged to view full details provided in the Company's Current Reports on Form 8-K as filed with the Securities and Exchange Commission at www.sec.gov. Notwithstanding recent increases in the Bitcoin mining Difficulty Rate and the flat price action of Bitcoin itself, the Company believes the opportunity to make strategic large-scale purchases of Bitmain Antminers, will provide MGT with very attractive cash on cash returns. Stephen Schaeffer, President of MGT Crypto Strategies, explained, "Mining economics are subject to lean and flush periods, but over the long run, efficient and forward-thinking miners are rewarded. Mr. Schaeffer further commented on the Company's operations in northern Sweden.
The entire document can be viewed at the Company's website or at www.sec.gov. MGT reported revenues from bitcoin mining of $1.0 million for the first quarter of 2018 versus $312,000 in the same quarter of 2017 and compared to $1.8 million for the fourth quarter of 2017. As previously disclosed, the Company transitioned the vast majority of its mining operations to Sweden from Washington state beginning in late December 2017 and as a result had lower Bitcoin production.
NEW YORK, NY / ACCESSWIRE / April 26, 2018 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive ...
The entire document can be viewed at the Company's website or at www.sec.gov. 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 Sentinel assets were sold for $60,000 in cash and a $1.0 million promissory note, convertible into a 20% equity interest of the buyer. Also, the Company will provide full refunds for all preorders of the privacy phone. Operating in facilities in northern Sweden and Washington State, MGT Capital Investments, Inc. (MGTI) ranks as one of the largest U.S. based Bitcoin miners.
Mr. Lowrey brings to MGT a depth of knowledge in financial leadership, corporate governance, public company reporting and technical accounting. Prior to joining MGT, he served as a Director of Finance for Bioventus LLC, a privately held medical device company, and as Controller and Principal Accounting Officer for BioCryst Pharmaceutics, Inc., a NASDAQ listed company.
Yesterday, the Honorable Naomi Reice Buchwald, United States District Judge, Southern District of New York, entered an Order granting MGT's Motion to Dismiss in its entirety. In summary, the Court found no reason to rule that the Company or any of its Officers misled stockholders with material misrepresentation or omission relating to events in 2016. With facilities in northern Sweden and WA state, MGT Capital Investments, Inc. (MGTI) ranks as one of the largest U.S. based Bitcoin miners.
NEW YORK, NY / ACCESSWIRE / February 20, 2018 / Latest key findings by Growth Market Report for all traders, shareholders, and investors of Delcath Systems, Inc. (OTCQB: DCTH) and MGT Capital Investments ...
Also, the Company purchased and has received an additional 1,000 new S9 Antminers from a third party. Following shipment and setup, and in conjunction with the Company's current rigs in operation or undergoing deployment, MGT's cryptocurrency mining operations will be comprised of over 7,000 Bitmain S9's plus 50 GPU-based Ethereum miners. The Company expects all rigs announced to date to be operating by the end of the first quarter of 2018, at which point the machines are expected to generate nearly 100 Ph/s of total hash power.
CORAL GABLES, FL / ACCESSWIRE / February 6, 2018 / Since the emergence of Bitcoin, blockchain has ignited innovation, spreading across a number of industries, which has created an avenue for new methods ...
NEW YORK, NY / ACCESSWIRE / January 29, 2018 / All three major indexes closed the week at record highs Friday as corporate earnings continue to impress investors. The Dow Jones Industrial Average gained ...
Since August 2017, Mr. McAfee had served as Chief Cybersecurity Visionary of the Company, guiding the development of the Company's cybersecurity business, including Sentinel, an enterprise class network intrusion detector released in October 2017 and the previously announced privacy phone. MGT's board will consider various options for its cybersecurity business, including a sale or spinoff.
SAN DIEGO , Jan. 19, 2018 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP Reminds Investors of Lead Plaintiff deadline in a class action filed against The Crypto Company. The firm is also ...
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest financial innovation in digital assets. Wall Street is embracing Security Token Offerings, which are designed to be fully compliant with existing securities laws and regulations, over Initial Coin Offerings, which have been targeted by the Securities Exchange Commission.
Yahoo Finance's Seana Smith, Dan Roberts and Dion Rabouin on George Soros buying stake in Overstock.com and his stance on blockchain.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action in the cryptocurrency that's also a network that's also a protocol — and that the founders say wasn't meant to be an investment at all (unlike bitcoin, of course).
Nick Spanos, founder of Zap.org, joins Yahoo Finance's Jared Blikre to discuss Zap Tokens, ethereum-based smart contracts, which link "off-chain" real world data to the blockchain.