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

divan-beds-centre listed on couponmatrix.ukgardening-express listed on couponmatrix.ukharpers-steakhouse listed on couponmatrix.ukkally-sleep listed on couponmatrix.uklsa-international listed on couponmatrix.ukwiggle listed on couponmatrix.uk
divan-beds-centre listed on couponmatrix.ukDivan Beds Centre is one of the UK's leading suppliers of divan beds and bedroom furniture. They offer a wide range of products at great prices, with something to suit everyone's taste and budget. Plus, they regularly offer Divan Beds Centre discount codes, so you can save even more on something snug. With ottoman beds, headboards and made-to-measure designs to pick from, you’re bound to find the perfect sleeping pattern at Divan Beds Centres. Looking to save on your next purchase from Divan Beds Centre? Groupon can help! We work with Divan Beds Centre to bring you the best deals and Divan Beds discount codes. Whether you're looking for a new bed, mattress, or bedroom furniture, they've got you covered. Be sure to check back often, as we regularly update our selection of Divan Beds Centre promo codes and deals. Whatever the bed, there whole thing is useless without a good mattress to dress it. Luckily for you, Divan Beds Centre stock a wide array of mattresses to enjoy from memory foam to pocket sprung, so you can find the perfect one for you. Plus, with a Divan Beds Centre mattress promo code you’ll get an even better price on your luxury bedding. Say no to irregular and interrupted sleep, give yourself a welcome rest with Divan Bed Centre mattresses.
gardening-express listed on couponmatrix.ukEstablished in 1990, Gardening Express has grown from a humble nursery in Essex to one of the largest independent garden centres in the UK. From primroses and poinsettias to bonsai and bamboo, Gardening Express stocks only the finest plants, flowers and trees. Make your savings bloom with a Gardening Express voucher and enjoy the beauty of mother nature for less. Ditch the trip to the garden centre - order online from Gardening Express and have your plants delivered to your doorstep.
harpers-steakhouse listed on couponmatrix.ukHarper’s Steakhouse draws inspiration from the renowned steakhouses of the States, bringing indulgent flavours and excellent value back to the menu. At Harper’s, your steak will be cooked to perfection, whether you like it rare or well done, and you can sink your teeth into brunch deals, set-meal discounts and the WTH (“Work From Harper’s”) deal, which includes pastry and a tea or coffee. Make your dining experience more enjoyable and affordable with the latest Harper’s Steakhouse discount code from Groupon. Whether you’re savouring a bottomless brunch or celebrating with family and friends, Harper’s Steakhouse offers hearty flavours, delicious cocktails and a vibrant atmosphere with funk and soul music.
kally-sleep listed on couponmatrix.ukLet your tumultuous nights become a thing of the past with Kally Sleep, the pillow and bedding experts who design specialist sleeping aids to address everything from pregnancy to sports recovery. With an inventory capable of tackling any sleep disruption you may have, all you’ll need is a Kally Sleep discount code to get yourself well-rested on a budget. Regardless of if you suffer back pain, anxiety or sleep awkwardly, trust Kally Sleep to provide the solution.
lsa-international listed on couponmatrix.ukFounded in Poland over 50 years ago, LSA has been a beacon for fashionable tableware across the globe for half a century. Even today, they use the same signature high-quality finishes and traditional, complex artisan techniques which are indicative of LSA’s distinctive product lines. With an LSA discount code, you can find some amazing savings on their stunning range of natural wood, leather, porcelain, and mouthblown glass dining wear to ensure your next dinner party is a success.
wiggle listed on couponmatrix.ukIf you like to get out amongst the world and move, Wiggle is the place for you. Providing gear for active outdoors enthusiasts, a Wiggle discount code will help you save on your cycling, running, swimming, gym or general outdoor equipment and apparel. There’s even a range of nutrition and wellness products to supplement your active way of life, so take a trip around the Wiggle range before you set off for your next adventure.