MGT Capital (MGTI), Bitmain Technologies Enter LOI to Form Bitcoin Joint Venture
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MGT Capital and Bitmain Technologies Enter Into Letter of Intent
October 26, 2016 12:01 PM EDTHARRISON, N.Y., Oct. 26, 2016 /PRNewswire/ --Â MGT Capital Investments, Inc. (OTC: MGTI) is pleased to announce that it has signed a Letter of Intent with Bitmain Technologies Limited to form a joint venture that will focus on opportunities in the Bitcoin space in North America. Bitmain, headquartered in Beijing, is the preeminent worldwide leader in bitcoin hardware manufacturing and sales. In addition, Bitmain maintains one of the largest bitcoin mining pools through its Antpool Brand, as well as one of the largest cloud mining operations, offered by its Hashnest... More