Big Digital Energy, Inc. (MIGI) Form 8-K — Jun 3, 2026
Big Digital Energy, Inc. (BGDE) entered into a $40 million revolving line of credit with Endeavor Blockchain, LLC, an entity wholly owned by Executive Chairman Josh Kilgore. The facility carries a 12% annual interest rate, rising to 15% upon default, and is secured by a blanket lien on all of the company’s assets. The filing includes an investor presentation outlining a strategic pivot from Bitcoin mining to AI and HPC infrastructure, leveraging a combined 752 MW development pipeline from BGDE and its affiliate SixThirty.AI.
Key figures
- Debt Amount
- 40000000
- Interest Rate
- 12
- Default Interest Rate
- 15
- Security
- All assets of the Borrower
- Facility type
- Revolving Line of Credit
- Related party
- Endeavor Blockchain, LLC (sole member: Josh Kilgore, Executive Chairman)
Price after filing
Close on the filing date to close N calendar days later (from $7.93). Historical, not a forecast.
AI analysis
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