MGT Capital Investments (MGTI)

MGT Capital Investments Inc. (OTCQB: MGTI) is a U.S.- based Bitcoin miner with operations at an owned facility in Georgia and two hosted facilities. The Company continues construction in Georgia to pursue expansion with low cost power.

Company profile

Ticker

MGTI

Exchange

NASDAQ

Website

www.mgtci.com/

CEO

Robert Ladd

Incorporated

Delaware

Location

North Carolina

Fiscal year end

Dec 31

Sector

Real Estate and Rental and Leasing > Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • DXC Technology • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding ...

Former names

CHINA BIOMEDICAL GROUP INC, HTTP TECHNOLOGY INC, INTERNET HOLDINGS INC, MEDICSIGHT INC, MGT CAPITAL INVESTMENTS INC

SEC CIK

0001001601

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

MGT Sweden AB ...

IRS number

133758042

MGTI stock data

1M 1Y 5Y

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

13 May 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart MGTI financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	633K	633K	633K	633K	633K	633K
Cash burn (monthly)	199K	46.25K	231.67K	170K	176.33K	125.83K
Cash used (since last report)	879.66K	204.44K	1.02M	751.46K	779.46K	556.23K
Cash remaining	-246.66K	428.56K	-391.05K	-118.46K	-146.46K	76.77K
Runway (months of cash)	-1.2	9.3	-1.7	-0.7	-0.8	0.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2022

MGTI institutional ownership history Ownership history

5.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	2	2	–
Opened positions	0	0
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	1K	4K	-75.0%
Total shares	35.42M	35.42M	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Streeterville Capital	35.39M	$0	0.0%
Old Second National Bank Of Aurora	37.97K	$1K	0.0%

Largest transactions	Shares	Bought/sold	Change
Old Second National Bank Of Aurora	37.97K	0	0.0%
Streeterville Capital	35.39M	0	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Riot Blockchain • SOS Limited • Marathon Digital • Vortex Blockchain • Bit Digital • HIVE Blockchain Technologies • Argo Blockchain • Stronghold Digital Mining

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: age, agreeing, anniversary, area, book, bore, call, disrupt, disrupted, diversity, emerge, exceed, exhausted, existing, extend, extended, feasible, freestanding, growth, identification, investigating, issuer, likelihood, loose, manner, miner, noise, posed, private, prospectively, reclassified, remote, reserve, scope, unrealized, yearly

Removed: AB, accomplished, accredited, acknowledged, adjusted, Administration, application, approach, Aquesta, arise, Assistance, assure, audit, Bank, began, begun, Bitmain, Bitmaintech, border, broader, calculating, challenged, collaboration, commencing, comply, compounded, comprehensive, consolidated, consumed, continuously, default, deposit, development, difficulty, director, Disaster, discretion, drop, EIDL, electric, eliminated, entirety, estimate, exclusive, executing, exercisable, expanded, extension, February, fewer, Florida, fluid, forfeiture, forgiven, global, grant, granted, health, hour, hourly, IAS, impacting, impose, inclusive, Injury, input, intercompany, International, interpretation, jurisdiction, kilowatt, light, load, local, long, lower, manufactured, manufacturing, Miami, mined, modest, monitor, monthly, municipal, negatively, negotiated, offered, offsetting, operate, parent, Paycheck, payroll, penalty, pending, people, percent, percentage, permanent, personal, PPP, prepayment, present, Procedural, Program, protect, Protection, Pte, reach, reducing, relation, repair, repaired, represent, requisite, restrain, reverse, SBA, Singapore, situation, state, subjective, subsidiary, substance, substantive, Sweden, targeted, taxable, termination, threshold, transmission, travel, typically, underlying, unpredictable, usage, utilize, varying, vest, vesting, volume, wholly, wide, yield

From filing 10-Q 2022 Q1

Financial reports

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