<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: BRC Group Holdings, Inc. -->
          <cik>0001464790</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Series E Convertible Preferred Stock, each representing 1,000 shares of Common Stock, par value $0.001</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>07/31/2026</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001001601</issuerCik>
        <issuerName>MGT CAPITAL INVESTMENTS, INC.</issuerName>
        <issuerCusips>
          <issuerCusipNumber>55302P202</issuerCusipNumber>
        </issuerCusips>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>50 Montreal Ave. Suite 133</com:street1>
          <com:city>Melbourne</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>32935</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>BRC Group Holdings, Inc.</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>628451.12</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>628451.12</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>628451.12</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.99</classPercent>
      <typeOfReportingPerson>HC</typeOfReportingPerson>
      <comments>(1) Represents shares of Series E Convertible Preferred Stock (the "Series E Preferred Stock"). Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's common stock, par value $0.001 ("Common Stock"). The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock then issued and outstanding (the "Conversion E Limitation").

(2) Based on 6,290,802,029 shares of Common Stock outstanding as of August 3, 2026, as reported to the Reporting Persons by the Issuer.

(3) Does not include 996,548.88 shares of Series E Preferred Stock because the shares of Series E Preferred Stock are subject to the Conversion E Limitation.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>B. Riley Principal Capital, LLC</reportingPersonName>
      <citizenshipOrOrganization>DE</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>628451.12</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>628451.12</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>628451.12</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.99</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
      <comments>(1) Represents shares of Series E Convertible Preferred Stock (the "Series E Preferred Stock"). Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's common stock, par value $0.001 ("Common Stock"). The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock then issued and outstanding (the "Conversion E Limitation").

(2) Based on 6,290,802,029 shares of Common Stock outstanding as of August 3, 2026, as reported to the Reporting Persons by the Issuer.

(3) Does not include 996,548.88  shares of Series E Preferred Stock because the shares of Series E Preferred Stock are subject to the Conversion E Limitation.</comments>
    </coverPageHeaderReportingPersonDetails>
    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Bryant Riley</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>628451.12</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>628451.12</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>628451.12</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>9.99</classPercent>
      <typeOfReportingPerson>IN</typeOfReportingPerson>
      <comments>(1) Represents shares of Series E Convertible Preferred Stock (the "Series E Preferred Stock"). Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's common stock, par value $0.001 ("Common Stock"). The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock then issued and outstanding (the "Conversion E Limitation").

(2) Based on 6,290,802,029 shares of Common Stock outstanding as of August 3, 2026, as reported to the Reporting Persons by the Issuer.

(3) Does not include 996,548.88  shares of Series E Preferred Stock because the shares of Series E Preferred Stock are subject to the Conversion E Limitation.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>MGT CAPITAL INVESTMENTS, INC.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>50 Montreal Ave. Suite 133, Melbourne, Florida 32935</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>BRC Group Holdings, Inc., a Delaware corporation ("BRC"), B. Riley Principal Capital, LLC, a Delaware limited liability company ("BRPC"), Bryant Riley is an individual ("Riley"). Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>11100 Santa Monica Blvd. Suite 800, Los Angeles, CA 90025</principalBusinessOfficeOrResidenceAddress>
        <citizenship>BRC and BRPC are organized under the laws of the State of Delaware. Riley is a citizen of the United State of America.</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>(1) As of the date hereof, BRPC holds 1,625,000 shares of the Company's Series E Preferred Stock (the "Series E Preferred Stock"). Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's common stock, par value $0.001 ("Common Stock"). The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would beneficially own more than 9.99% of the number of shares of Common Stock then issued and outstanding (the "Conversion E Limitation"). As of the date hereof, the Conversion E Limitation limits the aggregate conversion of Series E Preferred Stock held by the Reporting Persons to 628,451.12 out of the 628,451,122.70 shares of Common Stock underlying the Series E Preferred Stock owned by the Reporting Persons in the aggregate.

(2) As of the date hereof, BRC, majority holder of B. Riley Securities Holdings, Inc. ("BRSH"), which is the parent company of BRPC, may be deemed to hold 1,625,000 shares of the Company's Series E Preferred Stock. Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's Common Stock. The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would violate the Conversion E Limitation. As of the date hereof, the Conversion E Limitation limits the aggregate conversion of Series E Preferred Stock held by the Reporting Persons to 628,451.12 out of the 628,451,122.70 shares of Common Stock underlying the Series E Preferred Stock owned by the Reporting Persons in the aggregate.

(3) As of the date hereof, Riley may be deemed to hold 1,625,000 shares of the Company's Series E Preferred Stock. Each share of the Series E Preferred Stock is convertible into 1,000 shares of the Company's Common Stock. The Series E Preferred Stock may not be converted if, after such conversion, the Reporting Person together with its affiliates, would violate the Conversion E Limitation. As of the date hereof, the Conversion E Limitation limits the aggregate conversion of Series E Preferred Stock held by the Reporting Persons to 628,451.12 out of the 628,451,122.70 shares of Common Stock underlying the Series E Preferred Stock owned by the Reporting Persons in the aggregate.</amountBeneficiallyOwned>
        <classPercent>The information contained on the cover pages to this filing is incorporated by reference herein.</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>The information contained on the cover pages to this filing is incorporated by reference herein.</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>The information contained on the cover pages to this filing is incorporated by reference herein.</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>The information contained on the cover pages to this filing is incorporated by reference herein.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>The information contained on the cover pages to this filing is incorporated by reference herein.</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>N</notApplicableFlag>
        <subsidiaryIdentificationAndClassification>BRPC is a subsidiary of B. Riley Securities Holdings, Inc. ("BRSH"). BRSH is majority owned by BRC.</subsidiaryIdentificationAndClassification>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>Exhibit A - Joint Filing Agreement</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>BRC Group Holdings, Inc.</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Bryant Riley</signature>
        <title>Bryant Riley/Co-Chief Executive Officer</title>
        <date>08/07/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>B. Riley Principal Capital, LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Frank Pigott</signature>
        <title>Frank Pigott/Authorized Signatory</title>
        <date>08/07/2026</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Bryant Riley</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Bryant Riley</signature>
        <title>Bryant Riley</title>
        <date>08/07/2026</date>
      </signatureDetails>
    </signatureInformation>
  </formData>

</edgarSubmission>
