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

beauty-works-online listed on couponmatrix.ukblackpool-pleasure-beach listed on couponmatrix.ukbudget listed on couponmatrix.ukcartridge-people listed on couponmatrix.ukmoss listed on couponmatrix.uktru-diamonds listed on couponmatrix.uk
beauty-works-online listed on couponmatrix.ukGive your mane a glamorous makeover and invest in the diverse range of hair extensions available from Beauty Works Online. Grab a Beauty Works discount code from us to cut the cost of your hair extension solution, and whether you want a clip-in or a weft to enhance your natural assets, you won’t have to break the bank. The Beauty Works collection offers sets that boost volume, length and body alike, so no matter what your requirements you can get creative with your look!
blackpool-pleasure-beach listed on couponmatrix.ukBlackpool Pleasure Beach has been a haven for thrill-seekers for over a century, consistently holding titles for having the tallest, fastest and longest roller coasters at different points in time. It’ll certainly keep the kids happy, featuring SpongeBob SquarePants, PAW Patrol and Rugrats rides and adventures at Nickelodeon Land. Meanwhile, heart-pounding coasters like The Big One are sure to satisfy the adrenaline cravings of older kids and adults. The amusement park hosts a variety of themed events throughout the year, offering something for everyone. Whether you’re planning a visit with friends or family, make the most of a Blackpool Pleasure Beach discount from Groupon to secure affordable tickets. Consider booking your Blackpool Pleasure Beach tickets for an off-peak day or well in advance to enjoy significant savings on your overall booking.
budget listed on couponmatrix.ukHow can I use my Budget discount code? You’ll be instructed to enter a code once you are on the transaction page. There will be a clearly shown area to enter the code. Remember to enter the promo code before you complete the transaction, as it may not be possible to apply the code afterwards.
cartridge-people listed on couponmatrix.ukWhether you’re mass producing your CV, printing your PhD thesis, or just want to fill your home with photos of your cat, there’s nothing worse than when your printer runs out of ink! Thankfully, with your Cartridge People voucher code, you can stock up on everything from ink and toner cartridges to photo paper and stationery for less. With a straightforward interface which allows you to easily search for your printer manufacturer, make and model, finding the right product for your needs has never been easier.
moss listed on couponmatrix.ukWith a history of prestige that goes back over a century and a half, Moss Bros are a bastion for high-grade formal menswear that has endured London's high streets through thick and thin. Offering suits in a wide variety of forms - including 2 and 3 piece sets as well as personally tailored models - there's plenty of quality clothing to save on with a Moss Bros discount code. The Moss Bros stock is further bolstered by a multitude of shirts, shoes, bags and other accessories to complete your look and make you the most magnificent looking man in the room.
tru-diamonds listed on couponmatrix.ukIntroducing Tru Diamonds, the home of stunning artificial diamonds that are indistinguishable from natural diamonds. Their aim is to provide customers with the best quality products at affordable prices, and with a Tru Diamonds discount code you can enjoy even bigger savings on some top-quality jewellery. From ornate earrings to gorgeous pendants, explore the many different ways you can sparkle with Tru Diamonds. Check out our latest discount codes on site now. At Groupon, we understand that everyone loves a good bargain. That's why we work hard to find the best discounts that'll guarantee a saving on stunning jewellery, our Tru Diamonds discount codes are second to none. Whether you're looking for a special gift for a loved one or simply treating yourself to something shiny, make sure you check out our offers at Groupon before you buy. It might just save you hundreds! If you're looking for a show-stopping piece of jewellery, then you need to check out Tru Diamonds' range of engagement rings. With a wide selection of styles to choose from, you're sure to find the perfect ring for your loved one. And with a Tru Diamonds voucher code from Groupon, you can enjoy even bigger savings on this already affordable range. So why wait? Find your dream ring today at Tru Diamonds.