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

hp listed on couponmatrix.ukmyprotein-com listed on couponmatrix.ukpursue-fitness listed on couponmatrix.ukstansted-express listed on couponmatrix.uk3-mobile listed on couponmatrix.ukwilsons-blinds listed on couponmatrix.uk
hp listed on couponmatrix.ukIf you’re looking for a new computer, tablet or printer then HP is definitely the place to check out. For nearly 80 years they have been at the forefront of computing technology, and with all that experience they produce some of the best tech products on the planet. Whether you’re looking for a laptop, desktop, tablet or printer, HP has it all. When you use an HP discout code from us you’ll find you can make great savings on these already low prices, so check out HP’s full range today.
myprotein-com listed on couponmatrix.ukWhether you're a seasoned sports and fitness fan, or a relative newcomer who is simply trying to get in better shape, then the right nutrition to fuel your body for its workouts is vital. Join the health movement at Myprotein for support every step of the way. Myprotein is one of the most trusted leaders in the market of high quality protein powders and sports nutrition, and with your Myprotein discount code you can save on products from the number one site for all of your fitness nutritional needs. At Groupon we can help you to get an even better deal on some of Myprotein’s fantastic products thanks to our wide selection of deals and promotions that can save you money.
pursue-fitness listed on couponmatrix.ukBased in Manchester and founded by an 18-year-old entrepreneur back in 2013, Pursue Fitness now delivers sports apparel to over 150 different countries across the world. Customers love getting kitted out for the gym in these amazing quality outfits! With a Pursue Fitness discount code on us, you can thankfully get prepped for less and make the most of what Pursue Fitness has to offer without breaking the bank.
stansted-express listed on couponmatrix.ukThe best way to travel from Stansted Airport is with the Stansted Express. You can get across London easily and in comfort with their fleet of trains. It’s easy to book tickets on their website with the Journey Planner so every detail is taken care of. Use your Stansted Express promo code to travel to and from the airport and any major London stations. Once onboard you can enjoy a fast, reliable service and free wif-fi, plug sockets and plenty of room.
3-mobile listed on couponmatrix.ukIf you like your phone plan quick, convenient and with great coverage, look no further than 3 Mobile. Since it started out back in 2003, 3 Mobile has gone from strength to strength to become one of the UK’s leading mobile networks, so pick up a Three discount code and save a small fortune on a world-class phone plan. There’s lots of options to choose from, so treat yourself today.
wilsons-blinds listed on couponmatrix.ukFrom elegant wooden blinds to give your interiors a chic finish to funky coloured fabric blinds to add some spice to your space, the Wilsons Blinds collection will have your windows dressed to impress! Snap up a Wilsons Blinds discount code from us to cut the cost of your easy-to-order and easy-to-fit purchase. Whether its roller, blackout or vertical blinds you require, Wilsons will have your windows covered!