Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
MGT Capital Investments, Inc. is a company primarily engaged in the cryptocurrency mining industry, focusing on the extraction and subsequent sale of Bitcoins. As of March 31, 2022, its operational assets included 430 Antminer S17 pro Bitcoin miners and an additional 35 Antminer S19 pro machines. Beyond its own mining efforts, the firm also generates revenue by leasing physical space to other Bitcoin miners and providing equipment hosting services for owners of such hardware. The company was founded in 1977 and maintains its corporate headquarters in Raleigh, North Carolina.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers.