Insider Trading January 21, 2026

Endeavor Blockchain Expands Stake in Mawson Infrastructure Group Amid Revenue Declines

Significant share acquisition highlights investor confidence as Mawson navigates market challenges including revenue drops and legal disputes

By Hana Yamamoto MIGI
Endeavor Blockchain Expands Stake in Mawson Infrastructure Group Amid Revenue Declines
MIGI

Endeavor Blockchain, LLC increased its holdings in Mawson Infrastructure Group Inc. by acquiring an additional 140,000 shares valued at over $650,000. Despite Mawson's recent financial setbacks—including a marked revenue downturn and legal challenges—the purchase signals sustained investment interest. The firm's return to Nasdaq compliance and structural stock changes illustrate ongoing efforts to reinforce its market standing.

Key Points

  • Endeavor Blockchain acquired 140,000 shares of Mawson Infrastructure Group at an average price of $4.68, increasing its direct ownership to 1.4 million shares.
  • Mawson Infrastructure reported a 30% year-over-year revenue decline in October 2025, with digital colocation revenue falling 59% while energy management revenue rose 191%.
  • Mawson regained Nasdaq compliance and executed a 1-for-20 reverse stock split as part of efforts to stabilize its market position despite ongoing legal challenges.

On January 16, 2026, Endeavor Blockchain, LLC, together with affiliated entities, completed a purchase of 140,000 shares of Mawson Infrastructure Group Inc. (NASDAQ:MIGI). These shares were acquired at an average price of $4.68, resulting in a total transaction value of approximately $655,200. The price per share during these acquisitions fluctuated between $4.49 and $4.95. At present, Mawson's stock is trading slightly below these purchase levels at $4.41, with a modest market capitalization assessed at $14.66 million.

Following this transaction, Endeavor Blockchain’s aggregate ownership in Mawson Infrastructure Group stands at 1.4 million shares held directly. The filing also documents stakes held by other associated entities: Joshua Kilgore holds 8,000 shares, PM Squared LLC owns 2,297 shares, and Cody Smith maintains 75,000 shares. Collectively, these parties are classified as a group under Section 13(d) of the Exchange Act, indicating coordinated ownership.

Recent financial disclosures from Mawson highlight a significant downturn in business performance. October 2025 revenues declined by 30% year-over-year, totaling $3.3 million, and represented a 36% decrease from September 2025. Notably, revenue from digital colocation services plunged 59% to $1.6 million in comparison to the prior year. Contrastingly, energy management revenue experienced a robust increase of 191%, also reaching $1.6 million, signaling a potential area of growth amid broader challenges.

Alongside financial difficulties, Mawson has engaged in legal action seeking damages following an involuntary bankruptcy petition, which the company claims adversely affected its market capitalization and reputation. Despite these issues, Mawson has successfully restored compliance with Nasdaq standards, meeting key criteria such as minimum bid price and market value thresholds, thereby securing its continued listing on the Nasdaq Capital Market.

In addition, Mawson implemented a 1-for-20 reverse stock split, consolidating shares which did not impact proportional ownership among shareholders. This measure aligns with broader corporate efforts to stabilize share value and streamline its capital structure during a period marked by operational and financial hurdles.

Market analysts note that despite Mawson's material financial setbacks, InvestingPro's assessment suggests the stock remains undervalued relative to its Fair Value. The firm’s current efforts to manage compliance and operational restructuring may influence future performance, though risks persist given revenue volatility and ongoing legal proceedings.

Risks

  • Mawson's significant revenue drops, particularly in its digital colocation segment, indicate operational challenges that could impact future profitability and investor confidence.
  • The company is engaged in litigation related to an involuntary bankruptcy petition, posing legal and reputational risks that could affect its valuation and market perception.
  • Persistence of stock price volatility and market capitalization constraints highlights financial and compliance risks inherent to Mawson's current position.

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