MGT Capital Investments Inc. (MGTI): Bitmain maintains one of the largest bit...

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MGT Capital Investments Inc. (MGTI)

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Re: A deleted message

Wednesday, 01/18/2017 12:57:32 PM

Wednesday, January 18, 2017 12:57:32 PM

Bitmain maintains one of the largest bitcoin mining pools through its Antpool Brand, as well as one of the largest cloud mining operations,

This expense control coupled with revenues produced from bitcoin mining operations should result in similar results for the final quarter of 2016.

MGTI's 10Q

Cash flows from operating activities
Net loss $ (18,578)

If MGTI is cloud mining bitcoins, they are losing money. - The only money is from getting investors, who believe MGT is making from mining bitcoins.

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Recent MGTI News

Form 8-K - Current report • Edgar (US Regulatory) • 09/05/2024 08:05:35 PM
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