Big Digital Energy, Inc.·4

Jul 2, 7:04 PM ET

Endeavor Blockchain, LLC 4

Research Summary

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Big Digital Energy (BGDE) 10% Owner Endeavor Blockchain Buys 16,700 Shares

What Happened
Endeavor Blockchain, LLC — reported as a 10% owner of Big Digital Energy (BGDE) — acquired 16,700 shares at $1,000.00 per share on 2026-06-30, for a total reported value of $16,700,000. The filing shows this as a Purchase (transaction code P), which is a cash outlay (buy), not a sale.

Key Details

  • Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed within the typical 2-business-day window).
  • Price and amount: 16,700 shares × $1,000.00 = $16,700,000.
  • Shares owned after transaction: Not specified in the summary information provided.
  • Footnote F1: The Series D Convertible Preferred Stock (and the underlying common) are pledged to YA II PN, LTD under a Loan and Guaranty Agreement dated June 30, 2026. Using the daily VWAP of $8.81 on 6/30/2026 to set the conversion price, the Series D would convert into approximately 1,995,221 shares of common stock (per the Certificate of Designations).
  • Footnote F2 / Remarks: Some shares referenced in the filing are owned by Six Thirty AI, LLC, managed by Cody Smith, Phillip Stanley and Joshua Kilgore. As of April 6, 2026, Joshua Kilgore is Executive Chairman and director; Phillip Stanley is CEO and director; Cody Smith is COO and director.

Context

  • This filing reports a purchase (P), which is generally a more informative signal to investors than routine sales since it represents capital commitment; the filing itself provides facts but does not state motivation.
  • Endeavor Blockchain is a 10% owner (an institutional/large holder), not necessarily an individual officer — large-owner transactions can reflect private financings or strategic investments rather than routine officer trading.
  • The preferred shares involved have conversion mechanics and are pledged as collateral, so eventual common share counts could change if/when conversion occurs.