Big Digital Energy, Inc. Announces Strategic Colocation Agreement with Endeavor Group
Big Digital Energy, Inc. Announces Strategic Colocation Agreement with Endeavor Group
Key Highlights for Investors
- Major Colocation Agreement Signed: Big Digital Energy, Inc. (“Big Digital” or the “Company”) has entered into a strategic colocation agreement with an affiliate of the Endeavor Group. Endeavor is comprised of certain members of the Company’s own management team.
- Significant Expansion in Capacity: Endeavor will purchase and deliver approximately 25,000 mining computers. Big Digital will provide approximately 75 MW of compute capacity to support these machines.
- Profit-Sharing Model: The agreement operates under a 50%/50% profit-sharing arrangement. Big Digital will receive 100% of the cash proceeds from the miners, while Endeavor will be compensated with a mix of shares and warrants to purchase the Company’s common stock.
- Immediate Revenue and Cash Flow Impact: The transaction is expected to rapidly fill capacity, drive near-term revenue growth, and increase free cash flows without requiring Big Digital to deploy additional capital or incur new liabilities.
- Potentially Price-Sensitive Related Party Transaction: This is a related party transaction, as Endeavor includes the Executive Chair, CEO, and COO of Big Digital, who collectively own or control 29% of the Company’s common stock. All related directors and officers recused themselves from deliberations and the vote.
- Company Name & Ticker Change: The Company is transitioning from Mawson Infrastructure Group Inc. and is expected to change its Nasdaq ticker from “MIGI” to “BGDE” on April 30, 2026.
Detailed Overview of the Transaction
The newly announced colocation agreement marks a significant milestone for Big Digital Energy, Inc., reflecting the company’s renewed strategic direction under its new management team. Under the terms of the deal, an affiliate of Endeavor Group—composed of members of Big Digital’s own executive leadership—will purchase and deliver approximately 25,000 new mining computers. Big Digital will host these miners, providing approximately 75 megawatts (MW) of compute capacity from its existing infrastructure.
The profit-sharing structure is particularly noteworthy for investors. All mining proceeds will initially flow to Big Digital, and Endeavor will be compensated in Company equity—in the form of common shares and warrants—rather than cash. This means Big Digital avoids any upfront capital expenditure, while Endeavor’s profit is aligned with the future appreciation of Big Digital’s stock.
CEO Phil Stanley emphasized that this agreement is an indication of management’s commitment to unlocking new revenue streams and maximizing asset utilization. The Company’s strategy is to leverage its underutilized infrastructure efficiently, partnering with well-capitalized entities to boost capacity and profitability in a capital-light manner. Stanley signaled that this transaction is the first of many similar initiatives planned.
Executive Chairman Joshua Kilgore noted that this arrangement rapidly enhances the Company’s cash flows, does not require Big Digital to deploy capital or incur liabilities, and provides an “above market” profit-sharing arrangement. He also pointed out that Endeavor only profits if Big Digital shares appreciate materially—directly aligning management’s interests with shareholders.
Corporate Governance and Shareholder Considerations
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Related Party Transaction: The agreement qualifies as a related party transaction under SEC rules. Big Digital Energy, LLC (affiliated with Endeavor and the Company) is owned and/or controlled by the Executive Chair, CEO, and COO, who collectively are beneficial owners of 29% of the Company’s common stock. As a result, all directors and officers with interests in Endeavor recused themselves from the Board’s deliberations and vote, and the agreement was unanimously approved by the independent Audit Committee.
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Valuation and Compensation: The compensation for Endeavor will be based on the market value of the mining computers and a volume-weighted average price (VWAP) of the Company’s common stock as of the agreement date. This ties the value received by Endeavor directly to the market performance of Big Digital.
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Immediate Deployment: Deployment of the new mining computers is expected to begin promptly, using available capacity across existing infrastructure. Free cash flow generated will be reinvested into improving assets, expanding infrastructure, and building a stronger foundation for future growth.
Strategic Direction and Environmental Commitment
Big Digital Energy, Inc. is positioning itself as a key U.S.-based provider of next-generation digital infrastructure, supporting artificial intelligence (AI), high-performance computing (HPC), and digital assets (including Bitcoin mining). The Company operates both self-mining and hosting for enterprise customers, leveraging a vertically integrated model for scalability and efficiency.
Importantly, the Company is committed to powering its operations with carbon-free energy sources, including nuclear power, to support the digital economy sustainably. With 129 MW of capacity already online and more under development, Big Digital aims to be a leader in carbon-aware digital infrastructure.
Forward-Looking Statements and Risks
Investors should note that this press release contains forward-looking statements regarding the expected benefits of the colocation agreement, deployment of mining equipment, revenue growth, and strategic initiatives. These statements are subject to a variety of risks and uncertainties, including but not limited to: rapid technology changes, the ability to maintain Nasdaq listing, availability and cost of electricity, operational risks, digital asset market volatility, and other risks detailed in the Company’s SEC filings. There is no guarantee that anticipated outcomes will be realized.
Contact Information
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are encouraged to review all SEC filings and consult with their financial advisors before making any investment decisions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.
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