Big Digital Energy Inc
bigdigital.energyWhat Do They Do?
Builds and operates data centers for enterprise customers, hosts their mining and computing equipment, mines Bitcoin, and adjusts energy use through power-grid programs.
10-K for FY2025, filed Mar 31, 2026The Company designs, builds and operates next-generation digital infrastructure platforms for enterprise customers and for its own…View ↗
Mawson offers customers the opportunity to colocate their specialized computers used in mining digital assets (“Miners”) and other…View ↗
Mawson’s facilities and ready access to power offer other businesses and customers in the AI and HPC markets the opportunity to colocate…View ↗
If Mawson decides to curtail its energy use, then during these periods Mawson’s other revenue may be reduced but should be supplemented by…View ↗
Digital asset mining involves the use of Miners to solve algorithmic problems, for example to update the distributed or decentralized…View ↗
How Do They Make Money?
Digital colocation brings in facility and related fees, billed monthly; energy programs pay for power curtailment and power-pricing arrangements as services are provided; Bitcoin mining earns digital assets in exchange for computing power, which the company routinely sells.
10-K for FY2025, filed Mar 31, 2026The Company charges colocation fees for the use of its facilities, and other related fees. In addition, digital colocation customers…View ↗
The Company also has an energy management business to generate revenue when the Company adapts its power usage to the real-time needs of…View ↗
Revenue for curtailing power is recognized over the period that the services are being provided. The Company estimates the amount of…View ↗
Revenue through the Company’s power pricing arrangement is recognized over the period that the services are being provided. The Company…View ↗
The Company has a contract with mining pools and has undertaken the performance obligation of providing computing power in exchange for…View ↗
Mawson routinely liquidates any mined Bitcoin. Mawson’s strategy is to operate as a mining operation, rather than a digital assets…View ↗
-
10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$39.8M
-
10-K for FY2025, filed Mar 31, 2026
$39.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Digital colocation revenue
Recurring
10-K for FY2025, filed Mar 31, 2026 |
66% |
Digital colocation revenue, FY2025
$26.1M Sources
|
Recurring |
|
Energy management revenue
Usage-based
10-K for FY2025, filed Mar 31, 2026 |
30% |
Energy management revenue, FY2025
$11.8M Sources
|
Usage-based |
|
Digital assets mining revenue
Usage-based
|
4.7% |
Digital assets mining revenue, FY2025
$1.9M Sources
|
Usage-based |
Who Are Their Customers?
Enterprise customers contract with the company to place mining or other computing equipment in its facilities, under colocation or profit-sharing arrangements. Energy-management income comes through demand-response programs and power-pricing arrangements.
10-K for FY2025, filed Mar 31, 2026Mawson offers customers the opportunity to colocate their specialized computers used in mining digital assets (“Miners”) and other…View ↗
Mawson’s facilities and ready access to power offer other businesses and customers in the AI and HPC markets the opportunity to colocate…View ↗
If Mawson decides to curtail its energy use, then during these periods Mawson’s other revenue may be reduced but should be supplemented by…View ↗
The Company also has an energy management business to generate revenue when the Company adapts its power usage to the real-time needs of…View ↗
Do Revenues Turn Into Profits?
No. It lost $23.7M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$19.3MView ↗
10-K for FY2025, filed Mar 31, 2026
−$23.7MView ↗
10-K for FY2025, filed Mar 31, 2026
−$7MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 14, 2026
−$7.4MView ↗
- ▼ −8% (Loss)
- vs −$8M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 14, 2026
Open tableView ↗
-
Jul 20, 2026
Acquires a Texas site through a data-center joint venture
The joint venture acquired a Hood County site intended for data-center use.
Sources
8-K, filed Jul 20, 2026
On July 14, 2026 and July 15, 2026, Big Digital Energy, Inc. (“Big Digital” or the “Company”), entered into and closed on a series of…View ↗
-
Jun 17, 2026
Regains compliance with Nasdaq listing rules
The company must maintain at least $5 million in stockholders’ equity each quarter for twelve months.
Sources
8-K, filed Jun 17, 2026
On June 16, 2026, Big Digital Energy, Inc. (the “Company”) received written notice from the Listing Qualifications Hearings Department of…View ↗
-
May 1, 2026
Signs a profit-sharing colocation agreement with a management affiliate
The partner supplies mining computers; the company provides computing capacity and receives cash net proceeds under the arrangement.
Sources
8-K, filed May 1, 2026
On April 27, 2026, Big Digital Energy, Inc. (“Big Digital” or the “Company”), formerly known as Mawson Infrastructure Group Inc., entered…View ↗
-
Apr 8, 2026
Appoints Phil Stanley chief executive and Joshua Kilgore executive chair
Sources
8-K, filed Apr 8, 2026
On April 6, 2026, the Board appointed Joshua Kilgore as Executive Chairman, Phil Stanley as Chief Executive Officer, and Cody Smith as…View ↗
Shrinking. Revenue fell 9% in 4 years, from $43.9M in FY2021 to $39.8M in FY2025, about 2% a year.
Focus moves toward colocation
The older report describes Bitcoin mining as the core revenue operation; the latest describes a broader digital-infrastructure business and says its strategy is shifting from self-mining toward digital colocation.
10-K for FY2022, filed Mar 23, 2023 10-K for FY2025, filed Mar 31, 2026Our core revenue generating operation is the mining of Bitcoin. During the year ended December 31, 2022, we mined 1,342.59 Bitcoin…View ↗
Adds AI and high-performance-computing colocation
The older report describes self-mining, hosting and energy-market programs; the latest lists AI and high-performance-computing colocation as a separate business serving customers with specialized computers and graphics processors.
10-K for FY2022, filed Mar 23, 2023
Loading...
