---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-017867"
form_type: "8-K"
ticker: "MGTI"
cik: "0001001601"
company_name: "MGT CAPITAL INVESTMENTS, INC."
filed_at: "2021-07-27T23:59:59+00:00"
generated_at: "2026-06-30T02:01:28.273125+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MGT Capital raises ~$1M via 35.4M shares and warrants at $0.05; converts $241K in notes to stock

## Summary
- Sold 35,385,704 shares and 35,385,704 warrants (exercise price $0.05) to Streeterville Capital for $1M ($990K net).
- Issued 4,761,905 shares to Bucktown Capital on June 15, 2021 upon conversion of $120,000 note principal.
- Issued 6,673,384 shares to Bucktown Capital on July 27, 2021 upon conversion of $120,988 note principal; note balance now zero.
- As of July 27, 2021, outstanding common shares total 583,470,903.
- Company must file S-1 for the shares within 10 days and restrict variable-rate issuances for 20 months.

## SEC filing metadata
- accession: 0001493152-21-017867
- form_type: 8-K
- ticker: MGTI
- cik: 0001001601
- company_name: MGT CAPITAL INVESTMENTS, INC.
- filed_at: 2021-07-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001601/000149315221017867/0001493152-21-017867-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001601/000149315221017867/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-017867
- JSON: https://secwatch.observer/filing/0001493152-21-017867.json
- Plain text: https://secwatch.observer/filing/0001493152-21-017867.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.