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MGT Capital Investments Inc. (MGTI)

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TeraExchange recently launched the first and only U.S. regulated trading platform for bitcoin swap contracts. By offering a bitcoin derivative product with regulatory structure and controls, TeraExchange created an exciting opportunity for institutional investors to confidently participate in bitcoin the marketplace



HARRISON, N.Y., Feb. 27, 2015 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a Letter of Intent ("LOI") with Tera Group, Inc., ("Tera") owner of TeraExchange, LLC, a Swap Execution Facility regulated by the Commodity Futures Trading Commission ("CFTC").  Pursuant to the LOI, both companies will work diligently to finalize and execute a definitive agreement by March 16, 2015.

MGT will then file a combination S-4 Prospectus and Proxy Statement with the Securities and Exchange Commission.  Under the contemplated terms of the agreement, and subject to stockholder approval, MGT will issue shares of its common stock to the current owners of Tera, representing 70% of the pro forma equity of the combined companies at closing.

Tera has played a leading role in the development of bitcoin derivatives. In September 2014, Tera launched on TeraExchange the first regulated Bitcoin derivative products, and a spot Bitcoin price index.  Trading of USD/Bitcoin derivatives is subject to the rules and regulations of TeraExchange and the CFTC.  The Tera Bitcoin Price Index ("TeraBit") employs a dynamic algorithm that compiles and filters data on a real-time basis from a number of widely utilized global Bitcoin spot exchanges.  The TeraBit Index will be used as the settlement rate for USD/Bitcoin derivatives transactions.  

"Growing consumer and merchant adoption of bitcoin is driving demand for regulated capital markets solutions. By combining with MGT, Tera will create a unique public offering to support the essential infrastructure needed for a vibrant global bitcoin ecosystem," said Christian D. Martin, Chairman, Chief Executive Officer and Co-Founder of Tera.

"The proposed merger with Tera gives immediate and future value to our stockholders, while creating a robust platform for the growth of the industry's first publicly listed bitcoin derivatives exchange," said H. Robert Holmes, Chairman of MGT's board of directors, "The Bitcoin industry attracted over $400 million of investment capital from some of the world's most prominent investors over the past 12 months; we see our move today as further progress in the broader adoption of the industry."

Tera is led by a talented management team with a combined 47 years of experience in capital markets and derivative products, 43 years in legal and regulatory, and 46 years in technology development and engineering.

Mr. Martin spent more than 20 years in senior trading and management positions at Merrill Lynch and Bank of America, where he was responsible for global trading desks of interest rates, credit, and financing - securities lending transactions.

President, COO and Co-Founder Leonard T. Nuara was formerly a shareholder in the international law firm of Greenberg Traurig LLP.  Prior to that, he was Chair of the Technology and Intellectual Property Group at Thacher Proffitt & Wood LLP.  He is a nationally recognized leader in the technology and intellectual property fields.

Chief Commercial Officer John Maguire spent 18 years at Goldman Sachs, where he held various roles, including interest rate and cross asset derivative sales, marketing, and business development. Mr. Maguire is also the former Global Head of Trading at Bridgewater Associates, the largest hedge fund in the world.

Source Capital Group, Inc. acted as sole financial advisor to Tera Group.

About MGT Capital Investments, Inc.
MGT Capital and its subsidiaries operate social and real money gaming sites online and in the mobile space, including ownership of the 3rd largest daily fantasy sports wagering platform,  The Company also offers games of skill through and social casino games with SlotChamp™, and also operates an online portal for fantasy sports news and commentary,  MGT also launched Daily Fantasy Legend in partnership with Facebook to become the First Daily Fantasy Platform on Social Media.  In addition, the Company owns intellectual property relating to slot machines and has asserted its claims via patent infringement lawsuits.

About Tera Group, Inc.
Tera Group owns TeraExchange LLC, a Swap Execution Facility (SEF) regulated by the Commodity Futures Trading Commission and provides market participants with access to Bitcoin derivatives, interest rate swaps, credit default swaps and non-deliverable forwards.  TeraExchange is a global pioneer in the derivatives marketplace and provides a multi-asset class platform for trading of an array of financial instruments.
















"On Tuesday, McAfee told CNNMoney he's lost everything. Only a tiny fraction of his one-time $100 million net worth survived the 2008 market crash. But his fortunes really took a hit in 2012, when McAfee fled Belize police who aggressively sought him for questioning on the death of his neighbor.

The government raided his jungle compound and seized everything inside. The buildings on McAfee's property later burned down under suspicious circumstances.

"Everything I owned was in Belize. I left with nothing in my pocket," he said.

McAfee said most of his remaining riches were in the vast art collection he left behind. He claims that the Belize government auctioned off many of his belongings, but his art pieces never showed up.

McAfee is now living in an apartment in Montreal, Canada, with his wife Janice. He's getting by on consulting work -- shelling out advice to firms on acquisitions, technology and internal restructuring."

Actual unretouched selfie of John McAfee - seriously!

"Known for his outspokenness and getting himself into a spot of trouble, John McAfee is certainly a colourful character in the tech industry. Since he became a suspect in the death of his neighbour in Belize back in 2012, McAfee has been arrested for driving under the influence with a handgun, revealed he is running for President, and released a bizarre video featuring scantily clad women, ‘bath salts’ and a guide on how to uninstall McAfee Antivirus." -

Trailer for Showtime documentary "Gringo: The Dangerous Life of John McAfee" -

MGT changed to MGTI, and delisted from the NYSE Amex to the OTC.:

Who is the face of Future Tense? Janice Dyson, John McAfee's hooker and career criminal.
"McAfee's girlfriend, Janice Dyson, is a former stripper and prostitute. They first met in Miami.

JANICE DYSON:    He was visiting and from Belize. I met him on South Beach. He was at the cafe, having a cup of coffee and I'd walk by with my girlfriend and when he saw my butt he said that he had to know who I was and so he told me I have the finest ass in Miami,  which..."

18 April 2017 - MGTI becomes DELINQUENT FILER and earns OTC Markets STOP SIGN.




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MGTI News: Current Report Filing (8-k) 12/22/2017 04:24:06 PM
#30624  Sticky Note $$$ MGTI $$$ Only thing important here is THE_BAMFACTSTER!! 12/28/17 01:13:06 PM
#30614  Sticky Note A $2.4 million dollar loan has turned into penknee 12/28/17 11:09:32 AM
#27474  Sticky Note MGTI is the next CHKP VRSN and AAPL 3DYOGI 09/02/17 03:12:15 PM
#26077  Sticky Note Bath Salts Johnny RESIGNS as CEO from pennyscam MGTI. shajandr 08/22/17 06:17:43 PM
#31211   Hilarious...u don't even trade, too funny...keep pretending though, Full Contact Yoga 01/22/18 07:24:43 PM
#31210   Wait for 3.00 level!! Bitcoin futures CBOE exchange ResearchDD 01/22/18 03:54:56 PM
#31209   $$$ MGTI UPDATE $$$ THE_BAMFACTSTER!! 01/22/18 02:54:47 PM
#31207   Bitcoin futures expire on Friday ! Look for ResearchDD 01/22/18 02:01:32 PM
#31206   $$ MGTI $$ Nope ...incorrect info ResearchDD . THE_BAMFACTSTER!! 01/22/18 01:36:18 PM
#31205   We are going to buy around 3.00 185,000 ResearchDD 01/22/18 01:35:11 PM
#31204   Here's the sell-off! Like I said! Sell and ResearchDD 01/22/18 01:32:22 PM
#31203   $$ MGTI Setting up for the next big THE_BAMFACTSTER!! 01/22/18 01:25:10 PM
#31202   Do not jump in , just because it ResearchDD 01/22/18 12:20:49 PM
#31201   Look for 3.00 retracement before Friday market close! ResearchDD 01/22/18 11:50:02 AM
#31200   $$ MGTI $$ WRONG ResearchDD.......that info is false. THE_BAMFACTSTER!! 01/22/18 11:45:15 AM
#31199   MGT Capital Inv, Inc hobowilly 01/22/18 11:28:12 AM
#31198   We call ourselves MM's But we ResearchDD 01/22/18 11:22:14 AM
#31197   Big Sell-off coming after 12 noon today! Short ResearchDD 01/22/18 11:12:52 AM
#31196   The way things are going McAfee will be Scotttrader80 01/22/18 11:03:48 AM
#31195   Over 95 percent of MGTI retail holders should ResearchDD 01/22/18 10:38:42 AM
#31194   Yes I said this months ago ! OTC ResearchDD 01/22/18 10:33:17 AM
#31193   Elijah (Demansaw)who was JM right hand man in ResearchDD 01/22/18 10:30:00 AM
#31192   There is no #Privacy Phone (you will learn). hobowilly 01/22/18 10:17:41 AM
#31191   Low volume!Shorts waiting licking their chops ResearchDD 01/22/18 10:13:18 AM
#31190   The great Eijah denounces MGTI. MochaLatte 01/22/18 10:02:20 AM
#31189   Breaking news/// SEC investigating and Class action suits ResearchDD 01/22/18 09:38:02 AM
#31187   Could be a Bitcoin retracement to 9,000 ResearchDD 01/22/18 09:27:17 AM
#31186   Bitcoin deep red. MochaLatte 01/22/18 09:13:39 AM
#31185   Mr. Monz. In LA-Take heed by the 50,000 ResearchDD 01/21/18 04:33:13 PM
#31184   Bitcoin futures expire! Jan 26! Bitcoin could have ResearchDD 01/21/18 10:50:58 AM
#31183   Right!!! todd72113 01/20/18 06:10:22 AM
#31182   it gives me at least 10% multiple times hobowilly 01/20/18 05:46:04 AM
#31181   Also Mcafee Dec25 tweet he said Bitcoin will ResearchDD 01/19/18 07:56:14 PM
#31180   Also!!!! MGTI December 25 when Mcafee tweeted ResearchDD 01/19/18 07:45:15 PM
#31178   Mcafee thinks he controls the Bitcoin price? lol. ResearchDD 01/19/18 07:15:23 PM
#31177   John Mcafee tweeted Dec 25. When Bitcoin was ResearchDD 01/19/18 07:11:54 PM
#31176   I love this gives me at least Full Contact Yoga 01/19/18 11:01:39 AM
#31175   bitcoin red. MochaLatte 01/19/18 09:37:38 AM
#31171   Awesome... Now it is over $4.00.. .. Marco Polo II 01/18/18 07:48:40 PM
#31170   We should get some kind of PR pump deallooker 01/18/18 05:49:01 PM
#31169   Hilarious...always entertaining... Full Contact Yoga 01/18/18 12:30:53 PM
#31168   Somebodies worried Miley06 01/18/18 12:03:48 PM
#31166   Keeps touching the $4.20 she breaks and maybe joepcf 01/18/18 09:59:56 AM
#31165   Bitcoin rocket. MochaLatte 01/18/18 09:35:58 AM
#31163   Buy and hold bigee 01/18/18 05:40:32 AM
#31162   $$ MGTI $$ I waited and yet no THE_BAMFACTSTER!! 01/17/18 11:26:39 PM
#31160   Yes!!!!!! We are Selling time ResearchDD 01/17/18 03:19:00 PM
#31158   Any of you rookies buying today are not ResearchDD 01/17/18 02:55:30 PM
#31157   Afternoon sell-off,very likely! Wait for 2.40-2.50 level! ResearchDD 01/17/18 02:30:29 PM
#31156   $$ MGTI $$ WRONG ResearchDD ........that info is THE_BAMFACTSTER!! 01/17/18 12:21:37 PM
#31155   Hilarious. Your fake news is always Full Contact Yoga 01/17/18 11:58:37 AM
#31154   Since they couldn't give a Sentinel Network Intrusion hobowilly 01/17/18 11:32:17 AM
#31153   Why would you call a number??They would spin ResearchDD 01/17/18 11:08:50 AM
#31152   This is on a new PR release by mgt. deallooker 01/17/18 10:52:55 AM