Midland, PA – Kyle B. Danges, a director at Big Digital Energy, Inc. (NASDAQ:BGDE), has acquired 3,000 shares of the company's common stock, according to a Form 4 filing submitted to the Securities and Exchange Commission on June 11, 2026.
The transaction, valued at $20,785, reflects Danges' direct ownership of 3,000 shares following the purchase. The shares were acquired at prices ranging from $6.7182 to $7.1324 per share.
This insider activity occurs as BGDE trades at $7.19, showing significant momentum with a 39% gain over the past six months and a 71% year-to-date increase. The company's market capitalization stands at $39.72 million, with InvestingPro analysis suggesting the stock is undervalued relative to its fair value.
Big Digital Energy has also announced a strategic colocation agreement with an affiliate of the Endeavor Group. The agreement involves Endeavor purchasing and delivering around 25,000 mining computers, while Big Digital Energy will provide approximately 75 megawatts of compute capacity. The companies will operate under a 50%/50% profit-sharing arrangement. Big Digital Energy will receive all the cash proceeds from the miners, and Endeavor will be compensated with a mix of shares and warrants to purchase the company's common stock.
This development is part of Big Digital Energy's capital-efficient expansion plan.