{"url_path":"/sec/mgti/10-k/2026/item-13","section_key":"item-13","section_title":"Item 13 Certain Relationships and Related Transactions and Director Independence**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-03-17","source_url":"https://www.sec.gov/Archives/edgar/data/1001601/0001493152-26-010453-index.html","accession_number":"0001493152-26-010453","cik":"0001001601","ticker":"MGTI","issuer_name":"MGT CAPITAL INVESTMENTS, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1001601/0001493152-26-010453-index.html","primary_entity_key":"0001001601","primary_entity_name":"MGT CAPITAL INVESTMENTS, INC."},"word_count":202,"has_tables":true,"body_markdown":"**Item\n13. Certain Relationships and Related Transactions and Director Independence**\n\n \n\nThe\ncrypto exchange used by the Company to monetize its self-mined Bitcoin experienced difficulties beginning in early 2023 and was ultimately\nshut down. The Company was unable to find a suitable replacement given its low transaction frequency and small trade volumes. As a consequence,\nthe Company used a personal brokerage account/crypto wallet of its then CEO to effect the sales of its mined Bitcoin. These transactions\noccurred approximately monthly and were executed and documented to provide no cost to the Company and no benefit to our former CEO. This\nsituation was remedied as of October 25, 2024 and subsequently, the Company has utilized its own crypto wallet/account to monetize its\ncrypto assets.\n\n \n\nOn\nAugust 1, 2023 a former executive loaned the Company $15. The loan bears interest at an annual rate of 4.43%. A maturity date has not\nyet been set. During the year ended December 31, 2025, the Company recorded $0.7 of interest expense in respect of this loan. In addition,\na former executive is owed $45 for his payments made on behalf of the Company.\n\n \n\n**Director\nIndependence**\n\n \n\nMichael\nOnghai is considered independent under Section 803A of NYSE MKT rules.\n\n \n\n20"}