MGTI Stock Analysis
MG
Uncovered
MGT Capital Investments Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
MGT Capital Investments, Inc. engages in cryptocurrency mining business. The company is headquartered in Raleigh, North Carolina. The firm owns 480 and 430 Antminer S17 Pro Bitcoin miners (S17 miners), respectively, and 35 Antminer S19 Pro miners, which are located at its LaFayette, Georgia facility. Its miners are housed in a modified shipping container on property in Georgia owned by the Company. The company owns the entire facility, including land and improvements, five 2500 Kilovolt-amps (KVA) three-phase transformers, three mining containers, and miners. In addition to its self-mining operations, the Company leases its owned space to other Bitcoin miners and also provides hosting services for owners of mining equipment. The firm is also investigating other sites to develop into Bitcoin mining facilities in addition to expansion at its property.