MGT Capital Completes $2.4 Million Funding for Bitcoin Operations
Aug25

MGT Capital Completes $2.4 Million Funding for Bitcoin Operations

MGT Capital Investments, Inc. announced today that it has closed on financing to allow the Company to materially ramp up its Bitcoin mining operations. The financing consists of a $2.4 million 10% convertible note (convertible at $1.05 per MGTI share) issued to a single institutional investor, UAHC Ventures LLC. UAHC Ventures is a subsidiary of publicly traded United American Healthcare Corp. (OTC: UAHC).  The note is self-amortizing...

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