MGT Capital Investments

MGT Capital Investments, Inc. is a company primarily focused on bitcoin mining activities in the United States, operating a facility in LaFayette, Georgia. Founded in 1977 and headquartered in Raleigh, North Carolina, the company owns and manages approximately 1,500 bitcoin miners and has access to about 20 megawatts of electrical power at its location, of which it currently utilizes half. In addition to its mining operations, MGT is involved in acquiring, developing, and monetizing intellectual property assets, including interests in social casino and gaming platforms. The company also holds stakes in DraftDay.com and DraftDay Fantasy Sports, Inc., which operate in the online entertainment and fantasy sports sectors.

Martin Tobias

Founder and Manager

5 past transactions

D-Vasive

Acquisition in 2016
D-Vasive Inc., based in Hope, Rhode Island, specializes in developing real-time anti-spy software designed to protect users from invasive applications. The company offers two primary products: D-Vasive Plus for Windows PCs and D-Vasive Pro for Android devices. Both applications alert users if any software attempts to spy on them by accessing the device's camera, microphone, Bluetooth, or WiFi connections. D-Vasive's technology empowers users to manage and control their device's internal hardware, providing a robust defense against unauthorized surveillance from various sources, including consumer products companies, social networks, and financial institutions. The company plans to extend its software availability to Apple iOS platforms in the near future.

DraftDay

Acquisition in 2014
DraftDay, Inc. is a daily fantasy sports platform based in Chicago, Illinois, that provides users with the opportunity to engage in real money games across various sports, including football, baseball, basketball, and hockey. Established in 2011, DraftDay allows participants to draft players daily to form their fantasy teams, competing for cash prizes. Players can enter multiple games in a single day, with buy-ins ranging from free to $500, and can choose to play in head-to-head or multiplayer formats. The platform operates in compliance with U.S. and Canadian regulations, exempt from the 2006 UIGEA, and follows the same rules as traditional season-long fantasy leagues. DraftDay’s team draws on prior experience from successful ventures in online education and software development.

AVCOM Technologies

Acquisition in 2013
AVCOM Technologies, inc is a provider of network communication and security solutions.

FanTD

Acquisition in 2013
Daily Fantasy Sports site which the controlling shares were acquired by MGT Capital Investments in 2013 for a valuation of 4.2 million dollars. The founder left the company shortly after the sale. Four months later MGT rolled the user base into DraftDay, another one of its acquisitions in the Daily Fantasy industry.

Maydeal

Acquisition in 2008
Maydeal.com is an online distributor specializing in medical equipment. The company serves both medical vendors and manufacturers, providing a platform where they can market their products and connect with medical professionals. Through its online portal, Maydeal.com facilitates the distribution of various medical devices, ensuring that healthcare providers have access to the necessary tools for their practice. This approach not only simplifies the procurement process for medical professionals but also enhances visibility for manufacturers looking to introduce their products to the healthcare market.
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