MGT CAPITAL INVESTMENTS, INC.

Item 1.01 Entry into a Material Definitive Agreement.On March 16, 2023 MGT Capital Investments, Inc (the “Company” or “MGT”) entered into a Partnership Agreement (the “Partnership Agreement”) and a Property Lease Agreement (the “Lease Agreement, and together with the Partnership Agreement, collectively, the “Agreement”) with another cryptocurrency mining company (“Tenant”). The terms of the Agreement are summarized as follows.Pursuant to the Lease Agreement, the Company agreed to lease to Tenant portions of the Company’s six acre mining facility in Lafayette, GA in increments of up to 10 spaces that are 40 feet in length and eight feet in height each (“Spaces”), together with related utilities access including electricity of up to one megawatt (“MW”) per Space, for deploying mining equipment, in exchange for rental payments of £5,000 per Space per month (provided the Spaces are powered) and payment of the electricity costs and deposit requirements arising from the Spaces. In connection with the Lease Agreement, Tenant agreed to make an initial deposit of £228,913 for the initial electricity deployment for five MW.

In the event of electricity rate escalations in excess of an enumerated threshold, rental obligations will be suspended for up to a 30-day period wherein Tenant may determine whether to continue leasing the Space(s). Under the Lease Agreement, Tenant is also required to maintain insurance for the Space(s). The Lease Agreement provides certain other provisions that are standard or common of agreements of its type, including representations and warranties, limitations on liability, and indemnification, and force majeure, among others.Pursuant to the Partnership Agreement, the Company agreed to issue Tenant 500,000 shares its common stock per month for each rented Space (the “Monthly Issuances”), and to also issue an additional number of shares of common stock annually equal to 100% of the Monthly Issuances for the applicable year (the “Annual Issuances,” and together with the Monthly Issuances, collectively, the “Issuances”).

Further, pursuant to the Partnership Agreement, the Company provided Tenant with the option (the “Option”) to lend MGT up to £1 million evidenced by a convertible promissory note that is convertible into 25% of the Company’s outstanding common stock, assuming all £1 million is lent, on a pro-forma, post-issuance basis (the “Note”), together with an accompanying warrant to purchase 60% of the shares of common stock underlying the Note (the “Warrant”). The terms of the Note and Warrant would be substantially similar to the Original Issue Discount Secured Convertible Promissory Note and accompanying Warrant that were issued by the Company on or about September 12, 2022, as are disclosed in and filed as exhibits to the Company’s Current Report on Form 8-K filed on September 14, 2022. If the Option is exercised, the parties may elect to substitute the £1 million purchase price, in whole or in part, with equipment and infrastructure improvements to enable the Company to have access to up to an additional 10 MWs of electricity to the facility’s currently available electrical power capacity.

The Company’s facility currently has electrical capacity of up to 10 MW. The Agreement has a term of 24 months.The foregoing description of the Lease Agreement and the Partnership Agreement does not purport to be completed and is qualified in its entirety by the full text of such agreements, forms of which are filed herewith as Exhibits 10.1 and 10.2, respectively.Item 3.02. Unregistered Sales of Equity Securities.The information set forth in Item 1.01 of this Current Report on Form 8-K with respect to the Issuances and the Options is incorporated by reference into this Item 3.02 in its entirety.

The execution of the Agreement and the transactions contemplated thereby were exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933 as a transaction not involving a public offering.Item 9.01 Financial Statements and ExhibitsExhibit Number Description10.1 Form of Lease Agreement10.2 Form of Partnership Agreement104 Cover Page Interactive Data File (embedded within the Inline XBRL document)(C) Edgar Online, source Glimpses

classic-football-shirts listed on couponmatrix.ukdamart listed on couponmatrix.ukmusicroom-com listed on couponmatrix.uktech-trade listed on couponmatrix.uktripadvisor listed on couponmatrix.ukvision-express listed on couponmatrix.uk
classic-football-shirts listed on couponmatrix.ukFounded by two Manchester students way back in 2006, Classic Football Shirts has gone from built itself up from 2 staff to 25! Funded with the help of student loans and credit cards to get it up and running, the original concept of buying and selling vintage football shirts has now grown and evolved to where it is today. Thanks to that original uni lightbulb moment, now anyone and everyone can find the unique football shirts they want, wear them with pride and show true allegiance to the top teams.
damart listed on couponmatrix.ukA new and smarter way to keep warm is now available, and even more affordable, with a little help from a Damart discount code from us. Specialising in thermals, made from Damart's very own patented Thermolactyl, there are numerous clothing items available to purchase from this unique outdoor clothing company. Shop the range today and discover stylish, comfortable picks, designed to keep you warm!
musicroom-com listed on couponmatrix.ukMusicroom are a one-stop shop for everything an aspiring or professional musician could possibly want. Whether it's instruments, accessories or educational resources, it's all available under one roof - and with the Musicroom discount code it's all going for a song. Their huge music database contains over 300,000 sheet music titles, and you can even get hold of exam past papers to make sure you sail through that all-important entry audition that could make or break your career.
tech-trade listed on couponmatrix.ukWhen you’re looking for high-grade technology at below-budget prices, look no further than Tech Trade! Providing a platform to acquire refurbished Macs and high-performance gaming computers, all that’s needed is a Tech Trade discount code to ensure you get the computing that matches your demands without breaking the bank. With iPads, virtual reality, accessories and gaming consoles to bolster its inventory, you’re free to enjoy a gargantuan amount of gaming hardware thanks to the variety and prices at Tech Trade. At Groupon we know that there are plenty of students who enjoy taking a break with a good gaming session. If that’s the case, then you’ll love the extra savings students can enjoy at Tech Trade, with the brand hosting a dedicated student discount of 10% off every order. Any university or college students seeking that little extra TLC without rinsing the few funds they have should navigate to the ‘Student’ tab, verify their credentials with StudentBeans and enjoy the free money-off provided at Tech Trade. Both portable and powerful, MacBooks have become a staple of today’s technology. It’s no surprise then that Tech Trade MacBooks are available in a variety of models including the Air, Pro and Retina. Those seeking some a refurbished Apple product that delivers on every level should utilise a Tech Trade coupon code to knock the cost of their new computer and enjoy endless hours of digital fun that’ll more than make up the price of their investment.
tripadvisor listed on couponmatrix.ukAs the largest travel site in the world, TripAdvisor will make your next getaway a guaranteed success. Thanks to its easy to use booking tools, reviews, travel inspiration and guides, you can make the best-informed choices when it comes to holiday planning and grab the best prices too. Scoop up a handy TripAdvisor promo code and you could be relaxing on an exotic beach for less than you think. Whether you're looking for reviews on local restaurants or information on all-inclusive luxury resorts, trust TripAdvisor for top advice and a smooth booking experience every time.
vision-express listed on couponmatrix.ukVision Express is your go-to for glasses, lenses and all things eyecare. Whether you’re looking for your first pair of glasses or want to try out a new brand of contacts, make the most of an awesome Vision Express offer to save on the essentials! As well as stylish frames and high quality contacts, Vision Express offers eye tests and online appointments for all of your eye care needs, too. With fast delivery and an easy to use online system, it's your one stop shop for eye health!