Cybersecurity
John McAfee Says Bitcoin Boom to Put MGT in the Black
- Cybersecurity firm received financing for mining computers
- Bitcoin operations had $312,000 in first-quarter revenue
QuickTake: Bitcoin and the Blockchain
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Guess who’s jumping on the bitcoin bandwagon?
John McAfee, the pioneering and controversial anti-virus software developer, who took over as the chief executive officer of MGT Capital Investments Inc. last year and turned the video-game company into a cybersecurity firm. He expects the money-losing company to be profitable as it ramps up its bitcoin mining business, with the goal of becoming the biggest in the world.