MGT Capital Investments, Inc. (OTCMKTS:MGTI) Files An 8-K Changes in Registrant’s Certifying Accountant

Item 4.01 Changes in Registrants Certifying Accountant.

Effective January 5, 2017 (the Effective Date), MGT
Capital Investments, Inc., a Delaware corporation (the
Company), dismissed Friedman LLP as the Companys
independent registered public accounting firm. As of the
Effective Date, the Company has engaged RBSM LLP as its new
independent registered public accounting firm to provide
accounting and audit services for the fiscal year ended December
31, 2016. The engagement of RBSM LLP was unanimously approved by
the Companys Audit Committee.

The report of Friedman LLP regarding the Companys consolidated
financial statements for the fiscal year ended December 31, 2015
(the Most Recent Fiscal Year) did not contain an adverse
or disclaimer of opinion and was not qualified or modified as to
uncertainty, audit scope or accounting principles, other than as
related to the Companys ability to continue as a going concern.

During the Most Recent Fiscal Year and the subsequent interim
period through the Effective Date, there were (i) no
disagreements between the Company and Friedman LLP on any matter
of accounting principles or practices, financial statement
disclosures or auditing scope or procedures, which disagreement,
if not resolved to the satisfaction of Friedman LLP, would have
caused Friedman LLP to make reference thereto in their reports on
the consolidated financial statements for such year and period,
and (ii) no reportable events as defined in Item 304(a)(1)(v) of
Regulation S-K.

The Company provided Friedman LLP with a copy of this current
report on form 8-K and requested that Friedman LLP furnish a
letter addressed to the Securities and Exchange Commission
stating whether or not Friedman LLP agrees with the above
statements. A copy of such letter, dated January 9, 2017, is
attached herein as Exhibit 16.1.

During the Companys Most Recent Fiscal Year and the subsequent
interim period through the Effective Date, the Company has not
consulted with RBSM LLP regarding either (i) the application of
accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinions that might
be rendered on the Companys consolidated financial statements,
and neither a written report nor oral advice was provided to the
Company that RBSM LLP concluded was an important factor
considered by the Company in reaching a decision as to an
accounting, auditing or financial reporting issue; or (ii) any
matter that was either the subject of a disagreement as defined
in Item 304(a)(1)(iv) of Regulation S-K and the related
instructions or a reportable event as described in Item
304(a)(1)(v) of Regulation S-K.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The following exhibit is furnished herewith:

About MGT Capital Investments, Inc. (OTCMKTS:MGTI)

MGT Capital Investments, Inc. (MGT), through its subsidiaries, is engaged in the business of acquiring, developing and monetizing assets in the online and mobile gaming space, as well as the social casino industry. The Company operates through two segments: Gaming and Intellectual Property. MGT’s gaming portfolio includes a social casino platform Slot Champ. It also includes minority stakes in the skill-based gaming platform MGT Play and fantasy sports operator DraftDay Gaming Group, Inc. (DDGG). The Company’s subsidiaries include Medicsight, Inc. (Medicsight), MGT Sports, Inc. (MGT Sports), MGT Studios, Inc. (MGT Studios) and MGT Gaming, Inc. (MGT Gaming). Medicsight owns medical imaging software and has designed an automated carbon dioxide insufflation device on which the Company receives royalties from an international distributor. The software is designed to detect colorectal polyps during a virtual colonoscopy performed using computed tomography.

MGT Capital Investments, Inc. (OTCMKTS:MGTI) Recent Trading Information

MGT Capital Investments, Inc. (OTCMKTS:MGTI) closed its last trading session up +0.02 at 1.18 with 98,733 shares trading hands.