MGT Capital Investments Inc
OTC:MGTI
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MGT Capital Investments Inc
OTC:MGTI
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US |
MGT Capital Investments Inc
MGT Capital Investments, Inc. engages in bitcoin mining business. The company is headquartered in Raleigh, North Carolina. The firm owns 646 and 530 Antminer S17 Pro Bitcoin miners, respectively, all located at its LaFayette, Georgia facility. Its miners are housed in two modified shipping containers on property owned by the Company adjacent to an electrical substation. The company owns entire facility, including the land, two 2500 Kilovolt-amps (KVA) three phase transformers, the mining containers, and miners. As the Company is using only a small portion of the built-out available electrical load, it is leasing space to other Bitcoin miners. In addition, the Company is exploring ways to maintain its operations, including but not limited to further potential equipment sales and raising capital to acquire miners.
MGT Capital Investments, Inc. engages in bitcoin mining business. The company is headquartered in Raleigh, North Carolina. The firm owns 646 and 530 Antminer S17 Pro Bitcoin miners, respectively, all located at its LaFayette, Georgia facility. Its miners are housed in two modified shipping containers on property owned by the Company adjacent to an electrical substation. The company owns entire facility, including the land, two 2500 Kilovolt-amps (KVA) three phase transformers, the mining containers, and miners. As the Company is using only a small portion of the built-out available electrical load, it is leasing space to other Bitcoin miners. In addition, the Company is exploring ways to maintain its operations, including but not limited to further potential equipment sales and raising capital to acquire miners.
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