MGT Capital Investments Inc (OTC: MGTI) is a technology and digital assets company that previously operated as a Bitcoin miner and is now in a strategic transition phase with no active mining operations as of its 10-K filed March 17, 2026. The company has not reported material revenue-generating operations and its auditors have issued a going concern opinion, citing recurring losses and the need for additional capital. MGT sold its LaFayette, Georgia mining facility, using $262 thousand of the proceeds in May 2025 to repay outstanding promissory notes. Management describes the company as exploring potential mergers, acquisitions, and new business lines in technology, digital assets, and data infrastructure, though no binding agreements had been reached as of the filing date. Common stock trades on the OTC Markets OTCID Basic Market tier under the symbol MGTI, with a closing price of $0.00025 on March 16, 2026, and 388 stockholders of record at that date. The company has never paid a cash dividend.

Revenue model

No material revenue-generating operations are disclosed in the FY2025 10-K filing. The company previously generated revenue through Bitcoin mining. As of the filing date, MGT is evaluating strategic alternatives including mergers, acquisitions, and new business lines.

Products and services

Previously: Bitcoin mining operations using owned hardware and facilities, including a mining facility in LaFayette, Georgia (sold as of May 2025). No active products or services are described as of the FY2025 10-K filing.

Customers and end markets

No customers or end markets are identified in the filing excerpts for active operations. Prior end market exposure was to Bitcoin and cryptocurrency mining economics, including the April 2024 Bitcoin Halving event that reduced block rewards to 3.125 Bitcoin per block.

Value-chain role

Previously a direct Bitcoin miner, operating owned hardware and facilities to earn block rewards. As of the FY2025 10-K, the company holds no disclosed operating assets and is seeking to reposition through acquisition or new business development.

Geographic exposure

Previously operated a mining facility in LaFayette, Georgia, which was sold with proceeds received in May 2025. No other geographic operations are disclosed in the filing excerpts.

Source: SEC 10-K, filed 2026-03-17

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