OverviewSuggest Edit

MGT Capital Investments, Inc. is in the process of acquiring and developing a diverse portfolio of cyber security technologies. MGT is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, as well as corporate networks. Also as part of its corporate efforts in secure technologies, MGT is growing its capacity in mining Bitcoin.

TypePublic
Founded1977
HQRaleigh, NC, US
Websitemgtci.com

Latest Updates

Employees (est.) (Feb 2019)6(-60%)
Revenue (FY, 2020)$1.4 M(+221%)
Share Price (Sept 2021)$0(+8%)
Cybersecurity ratingAMore

Key People/Management at MGT Capital Investments

Robert Ladd

Robert Ladd

Chief Executive Officer & President, Director
Michael Onghai

Michael Onghai

Director
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MGT Capital Investments Office Locations

MGT Capital Investments has an office in Raleigh
Raleigh, NC, US (HQ)
Wells Fargo Capitol Center, 150 Fayetteville St #1110
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MGT Capital Investments Financials and Metrics

MGT Capital Investments Revenue

MGT Capital Investments's revenue was reported to be $1.44 m in FY, 2020
USD

Revenue (Q2, 2021)

244.0k

Net income (Q2, 2021)

(665.0k)

EBIT (Q2, 2021)

(442.0k)

Market capitalization (9-Sept-2021)

15.0m

Closing stock price (9-Sept-2021)

0.0

Cash (30-Jun-2021)

739.0k

EV

14.4m
MGT Capital Investments's current market capitalization is $15 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

536.0k409.0k396.0k1.1m104.0k313.0k3.1m2.0m450.0k1.4m

Revenue growth, %

167%(90%)201%

Cost of goods sold

104.0k265.0k559.0k610.0k5.0k209.0k1.5m4.2m

Gross profit

432.0k144.0k(163.0k)446.0k99.0k104.0k1.6m(2.2m)
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.7m3.4m4.6m1.5m359.0k345.0k9.5m96.0k216.0k236.0k

Accounts Receivable

84.0k9.0k43.0k5.0k

Prepaid Expenses

327.0k340.0k132.0k172.0k61.0k894.0k193.0k125.0k10.0k

Inventories

89.0k
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

5.7m3.5m3.3m5.7m4.9m2.7m6.3m5.0m3.2m2.4m2.2m1.4m1.1m428.0k189.0k1.1m2.1m334.0k323.0k43.0k461.0k2.3m275.0k362.0k3.1m2.1m18.0k58.0k6.0k1.2m739.0k

Accounts Receivable

221.0k317.0k118.0k14.0k9.0k17.0k10.0k51.0k46.0k10.0k5.0k12.0k12.0k

Prepaid Expenses

1.1m872.0k155.0k75.0k79.0k233.0k248.0k144.0k154.0k182.0k172.0k155.0k123.0k49.0k141.0k146.0k280.0k246.0k1.2m1.8m444.0k177.0k141.0k413.0k328.0k100.0k161.0k62.0k12.0k129.0k

Inventories

56.0k56.0k56.0k
USDQ2, 2011

Financial Leverage

1.3 x
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MGT Capital Investments Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

MGT Capital Investments Online and Social Media Presence

Embed Graph

MGT Capital Investments News and Updates

Lifshitz & Miller LLP Announces Investigation of Adient PLC, Applied Optoelectronics, Inc., Cocrystal Pharma, Inc., Microchip Technology Incorporated, MGT Capital Investments, Inc., TG Therapeutics, Inc. and USA Technologies, Inc.

NEW YORK, Oct. 30, 2018 /PRNewswire/ -- Adient PLC (ADNT) Lifshitz & Miller announces investigation into possible securities laws violations in connection with ADNT's CEO stepping down and decreased profit forecast for the year. If you are an Adient investor, and would like additional...

LEAD PLAINTIFF DEADLINE ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 In MGT Capital Investments To Contact The Firm

NEW YORK, Oct. 29, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in MGT Capital Investment ("MGT" or the "Company") (Other OTC:MGTI) of the November 27, 2018 deadline to seek the role of lead plaintiff in a federal securities class...

SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against MGT Capital Investments, Inc. (MGTI) and Lead Plaintiff Deadline: November 27, 2018

NEW YORK, Oct. 4, 2018 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against MGT Capital Investments, Inc. ("MGT" or the "Company") (OTCMKT: MGTI) on behalf of shareholders who purchased or otherwise ...

MGT Capital Class Action Lawsuit: Bernstein Liebhard LLP Announces That A Securities Class Action Lawsuit Has Been Filed Against MGT Capital Investments, Inc. - MGTI

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of MGT Capital Investments, Inc. ("MGT" or the...

MGT INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In MGT Capital Investments, Inc. To Contact The Firm

NEW YORK, Sept. 28, 2018 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against MGT Capital Investments, Inc. ("MGT" or the "Company") (Other OTC:MGTI). If you invested in MGT stock or options and would like to discuss your...
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MGT Capital Investments Blogs

MGT Capital Reports 2020 First Quarter Results

RALEIGH, NC, May 15, 2020 – MGT Capital Investments, Inc. (OTCQB: MGTI) yesterday filed its Form 10-Q quarterly report with the Securities and Exchange Commission for the period ended March 31, 2020. The complete filing can be accessed via the Company’s website or at www.sec.gov. Results for the fir…

MGT Capital Provides Legal Update

RALEIGH, NC, May 4, 2020 – MGT Capital Investments, Inc. (OTCQB: MGTI) today provided the following legal update: SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF WESTCHESTER BOB THOMAS, derivatively on behalf of MGT CAPITAL INVESTMENTS, INC., Plaintiff, vs. ROBERT B. LADD, JOHN McAFEE, H. ROBERT HO…

Phase I of Georgia Facility Fully Operational

RALEIGH, NC, February 3, 2020 – MGT Capital Investments, Inc. (OTCQB: MGTI) today provided an operating update to investors. As of January 31, 2020, the Company is operating 1,500 new generation Bitcoin miners collectively rated at approximately 80 Ph/s at its facility in LaFayette, Georgia. All min…

MGT Capital Reports Third Quarter Results

DURHAM, NC, November 15, 2019 — MGT Capital Investments, Inc. (OTCQB: MGTI) yesterday filed its Form 10-Q quarterly report with the Securities and Exchange Commission for the period ended September 30, 2019. The complete filing can be accessed via the Company’s website or at www.sec.gov. Additionall…

MGT Purchases 320 Additional Bitmain Bitcoin Miners

https://youtu.be/DgGnFnl2KBQ MGT Capital Investments, Inc. (OTCQB: MGTI) today provided an operating update to investors. On October 29, 2019, MGT purchased 320 Bitmain S17 Pro Antminers, with contractual shipment within 7 business days. The specific models purchased have a stated hash rate of 50 Th…

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 beg…
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MGT Capital Investments Frequently Asked Questions

  • When was MGT Capital Investments founded?

    MGT Capital Investments was founded in 1977.

  • Who are MGT Capital Investments key executives?

    MGT Capital Investments's key executives are Robert Ladd and Michael Onghai.

  • How many employees does MGT Capital Investments have?

    MGT Capital Investments has 6 employees.

  • What is MGT Capital Investments revenue?

    Latest MGT Capital Investments annual revenue is $1.4 m.

  • What is MGT Capital Investments revenue per employee?

    Latest MGT Capital Investments revenue per employee is $240 k.

  • Who are MGT Capital Investments competitors?

    Competitors of MGT Capital Investments include Simplex, Ledger and CYBAVO.

  • Where is MGT Capital Investments headquarters?

    MGT Capital Investments headquarters is located at Wells Fargo Capitol Center, 150 Fayetteville St #1110, Raleigh.

  • Where are MGT Capital Investments offices?

    MGT Capital Investments has an office in Raleigh.

  • How many offices does MGT Capital Investments have?

    MGT Capital Investments has 1 office.