<SEC-DOCUMENT>0001393825-14-000005.txt : 20140130
<SEC-HEADER>0001393825-14-000005.hdr.sgml : 20140130
<ACCEPTANCE-DATETIME>20140130145830
ACCESSION NUMBER:		0001393825-14-000005
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20140130
DATE AS OF CHANGE:		20140130

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MGT CAPITAL INVESTMENTS INC
		CENTRAL INDEX KEY:			0001001601
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				133758042
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-57417
		FILM NUMBER:		14560466

	BUSINESS ADDRESS:	
		STREET 1:		500 MAMARONECK AVENUE - SUITE 204
		CITY:			HARRISON
		STATE:			NY
		ZIP:			10528
		BUSINESS PHONE:		(914) 630-7430

	MAIL ADDRESS:	
		STREET 1:		500 MAMARONECK AVENUE - SUITE 204
		CITY:			HARRISON
		STATE:			NY
		ZIP:			10528

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEDICSIGHT INC
		DATE OF NAME CHANGE:	20021113

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HTTP TECHNOLOGY INC
		DATE OF NAME CHANGE:	20001016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNET HOLDINGS INC
		DATE OF NAME CHANGE:	19980520

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Hudson Bay Capital Management LP
		CENTRAL INDEX KEY:			0001393825
		IRS NUMBER:				371511173
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		777 THIRD AVE., 30TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		212-571-1244

	MAIL ADDRESS:	
		STREET 1:		777 THIRD AVE., 30TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Hudson Bay Capital Management, L.P.
		DATE OF NAME CHANGE:	20070320
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<FILENAME>MGT_SC13GA.txt
<DESCRIPTION>MGT CAPITAL INVESTMENTS INC 13GA
<TEXT>


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 2)*


                        MGT Capital Investments, Inc.
                                (Name of Issuer)

                      Common Stock, par value $0.001 per share
                          (Title of Class of Securities)

                                    55302P202
                                 (CUSIP Number)

                                  December 31, 2013
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

  *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.  The information
required in the remainder of this cover page shall not be deemed to be
'filed' for the purpose of Section 18 of the Securities Exchange Act of
1934 ('Act') or otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act (however, see
the Notes).

Page 1 of 5 Pages

<Page>


<PAGE>


CUSIP No. 55302P202                  13G/A                 Page 2 of 5 Pages
-----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS

            Hudson Bay Capital Management, L.P.

-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  [ ]
                                                               (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION

            Delaware
-----------------------------------------------------------------------------
NUMBER OF      (5)   SOLE VOTING POWER
                     0
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)   SHARED VOTING POWER

                     80,296 shares of Common Stock issuable upon exercise
                     of warrants
OWNED BY       --------------------------------------------------------------

EACH           (7)   SOLE DISPOSITIVE POWER
                     0
REPORTING      --------------------------------------------------------------

PERSON WITH:   (8)   SHARED DISPOSITIVE POWER

                     80,296 shares of Common Stock issuable upon exercise of
                     warrants
-----------------------------------------------------------------------------
     (9)    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

            80,296 shares of Common Stock issuable upon exercise of warrants
-----------------------------------------------------------------------------
     (10)   CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                          [ ]
-----------------------------------------------------------------------------
     (11)   PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
            0.90%
-----------------------------------------------------------------------------
     (12)   TYPE OF REPORTING PERSON
            PN
-----------------------------------------------------------------------------


<PAGE>


CUSIP No. 55302P202                  13G/A                  Page 3 of 5 Pages
-----------------------------------------------------------------------------
     (1)    NAMES OF REPORTING PERSONS

            Sander Gerber
-----------------------------------------------------------------------------
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                               (a)  [ ]
                                                               (b)  [ ]
-----------------------------------------------------------------------------
     (3)    SEC USE ONLY
-----------------------------------------------------------------------------
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION

            United States
-----------------------------------------------------------------------------
NUMBER OF      (5)   SOLE VOTING POWER
                     0
SHARES         --------------------------------------------------------------

BENEFICIALLY   (6)   SHARED VOTING POWER

                     80,296 shares of Common Stock issuable upon exercise of
                     warrants
OWNED BY       --------------------------------------------------------------

EACH           (7)   SOLE DISPOSITIVE POWER
                     0
REPORTING      --------------------------------------------------------------

PERSON WITH:   (8)   SHARED DISPOSITIVE POWER

                     80,296 shares of Common Stock issuable upon exercise of
                     warrants
-----------------------------------------------------------------------------
     (9)    AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON

            80,296 shares of Common Stock issuable upon exercise of warrants
-----------------------------------------------------------------------------
     (10)   CHECK BOX IF THE AGGREGATE AMOUNT
            IN ROW (9) EXCLUDES CERTAIN SHARES
                                                                          [ ]
-----------------------------------------------------------------------------
     (11)   PERCENT OF CLASS REPRESENTED
            BY AMOUNT IN ROW (9)
            0.90%
-----------------------------------------------------------------------------
     (12)   TYPE OF REPORTING PERSON
            IN
-----------------------------------------------------------------------------
..

<PAGE>


CUSIP No. 55302P202                  13G/A                  Page 4 of 5 Pages
-----------------------------------------------------------------------------

This Amendment No. 2 (this 'Amendment') amends the statement on Schedule 13G
filed on June 1, 2012 (the 'Original Schedule 13G') as amended by Amendment
No. 1 filed on February 6, 2013 (the Original 13G as amended, the 'Schedule
13G') with respect to the shares of common stock, par value $0.001 per share,
(the 'Common Stock') of MGT Capital Investments, Inc., a Delaware corporation
(the 'Company'). Capitalized terms used herein are not otherwise defined in
this Amendment have the meanings set forth in the Schedule 13G. This Amendment
amends and restates Items 4 and 5 in their entirety as set forth below.

Item 4.     Ownership

       Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.

	The information required by Items 4(a) - (c) is set forth in Rows
(5)-(11) of the cover page for each Reporting Person hereto and is
incorporated herein by reference for each such Reporting Person.

	The percentages used in this Schedule 13G are calculated based upon
8,822,131 shares of Common Stock reported to be outstanding in the Company's
Prospectus Supplement filed pursuant to Rule 424(b)(2) on December 10, 2013
after giving effect to the completion of the offering described therein and
assumes the exercise of the reported warrants.

Item 5.     Ownership of Five Percent or Less of a Class

      If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following: [X]




<PAGE>


CUSIP No. 55302P202                   13G/A                 Page 5 of 5 Pages
-----------------------------------------------------------------------------


SIGNATURES

      After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies that the information with respect to it set
forth in this statement is true, complete, and correct.

Dated: January 30, 2014

HUDSON BAY CAPITAL MANAGEMENT, L.P.

By: /s/ Sander Gerber
Name:	Sander Gerber
Title: Authorized Signatory












/s/ Sander Gerber
SANDER GERBER






</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>