MGT Capital Investments, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $8.2M
- Price
- $0.0013
- % Change (Daily % change from the live per-ticker quote feed.)
- +8.33%
- Volume
- 641.6K
About
MGT Capital Investments, Inc. does not have significant operations. It was previously involved in the cryptocurrency mining business in the United States. MGT Capital Investments, Inc. was incorporated in 1977 and is based in Melbourne, Florida.
Quick stats
Shares outstanding6.3B
Computed float2.4B
Float / shares38.8%
Cash runway (months)-1.9
Key info
SectorFinancial Services
IndustryFinancial - Capital Markets
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001001601
Websitehttps://www.mgtci.com
AI Summary
AI-generated1/2
minorbullishoperations update
MGT Capital Investments Engages B. Riley Securities as Exclusive Financial Advisor to Support Strategic Growth Initiatives
MGT Capital Investments retained B. Riley Securities as its exclusive financial advisor to assist in identifying acquisition targets and sourcing strategic capital.
The initiative will primarily focus on high-growth sectors such as artificial intelligence, data center infrastructure, and robotics.
Interim CEO Jonathan Pfohl stated that the engagement follows a recent restructuring to eliminate debt and enhance the board, marking a new chapter for the company.
Red flags
- Company describes itself as evaluating strategic corporate alternatives with no primary operations defined
- Leadership held by an Interim CEO