---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-004592"
form_type: "8-K"
ticker: "MGTI"
cik: "0001001601"
company_name: "MGT CAPITAL INVESTMENTS, INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T10:29:35.453717+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MGT Capital issues 54M shares on conversion of ~$87K in notes; total shares 903M

## Summary
- Jan 11: issued 30M shares for $48,310 note conversion; Jan 25: issued 24M shares for $39,152 note conversion.
- Implied conversion price ~$0.0016 per share, reflecting deep dilution for existing shareholders.
- Post-issuance shares outstanding: 903,170,903; remaining notes principal: $1,491,379.
- Conversions exempt from registration under Section 3(a)(9) of Securities Act.

## SEC filing metadata
- accession: 0001493152-24-004592
- form_type: 8-K
- ticker: MGTI
- cik: 0001001601
- company_name: MGT CAPITAL INVESTMENTS, INC.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001601/000149315224004592/0001493152-24-004592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001601/000149315224004592/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-004592
- JSON: https://secwatch.observer/filing/0001493152-24-004592.json
- Plain text: https://secwatch.observer/filing/0001493152-24-004592.txt

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