Insider Trading January 26, 2026

Endeavor Blockchain, Kilgore and Others Acquire 60,000 Mawson Shares; Company Reports October Revenue Drop

Insider purchases coincide with mixed segment performance, legal action and a recent reverse split at Mawson Infrastructure Group (MIGI)

By Marcus Reed MIGI
Endeavor Blockchain, Kilgore and Others Acquire 60,000 Mawson Shares; Company Reports October Revenue Drop
MIGI

Endeavor Blockchain, LLC, together with Joshua Allen Kilgore, PM Squared LLC and Cody Smith, purchased 60,000 common shares of Mawson Infrastructure Group Inc. (NASDAQ: MIGI) on January 26, 2026, at a weighted average price of $4.84. The transaction increased Endeavor Blockchain's direct holdings to 1,460,000 shares. Separately, Mawson reported a 30% revenue decline for October 2025 to $3.3 million and disclosed a lawsuit tied to an involuntary bankruptcy petition, while also regaining Nasdaq compliance and implementing a 1-for-20 reverse stock split.

Key Points

  • Insider group including Endeavor Blockchain, LLC bought 60,000 common shares of Mawson on January 26, 2026, at a weighted average price of $4.84 for $290,400 total.
  • Mawson reported October 2025 revenue of $3.3 million - a 30% year-over-year decline and a 36% drop from the previous month - with sharp declines in digital colocation and self-mining revenue but a large increase in energy management revenue.
  • The company has filed a lawsuit related to an involuntary bankruptcy petition, has regained compliance with Nasdaq listing rules and completed a 1-for-20 reverse stock split.

Endeavor Blockchain, LLC announced an acquisition of 60,000 common shares of Mawson Infrastructure Group Inc. (NASDAQ: MIGI) on January 26, 2026, in a transaction that included purchases by Joshua Allen Kilgore, PM Squared LLC and Cody Smith. The shares were bought at a weighted average price of $4.84 per share, with individual trade prices ranging from $4.50 to $5.00. The total consideration for the group purchase was $290,400.

Following the transaction, Endeavor Blockchain, LLC directly holds 1,460,000 shares of Mawson. Joshua Kilgore directly owns 8,000 shares, PM Squared LLC directly owns 2,297 shares and Cody Smith directly owns 75,000 shares.


These insider purchases come amid a period of uneven operating results for Mawson. The company reported a 30% decline in revenue for October 2025, with total revenue falling to $3.3 million. That figure represents a 36% decrease from the prior month.

The company's individual business lines showed divergent trends. Digital colocation revenue decreased 59% year-over-year to $1.6 million. By contrast, energy management revenue rose 191% to $1.6 million. Mawson's self-mining operations recorded a substantial drop in revenue, declining 55% to $0.1 million.

On the legal front, Mawson has initiated litigation against multiple parties in response to an involuntary bankruptcy petition. The company is seeking damages it attributes to alleged reputational harm and legal costs associated with the petition.

Separately, Mawson has confirmed it has regained compliance with Nasdaq's listing standards, ensuring its continued listing on the Nasdaq Capital Market. The company also completed a 1-for-20 reverse stock split, consolidating every 20 existing shares into one, a move that altered its share count and stock structure.

Taken together, the recent insider purchases, monthly revenue report, legal action and capital-market housekeeping measures outline a company managing several concurrent adjustments to its operations and market presentation.


Summary

On January 26, 2026, a group led by Endeavor Blockchain, LLC purchased 60,000 Mawson shares at an average price of $4.84, bringing Endeavor's direct holdings to 1,460,000 shares. Mawson reported October 2025 revenue of $3.3 million, down 30% and 36% from the prior month, with mixed results across digital colocation, energy management and self-mining. The company has filed suit over an involuntary bankruptcy petition, regained Nasdaq compliance and executed a 1-for-20 reverse split.

Risks

  • Revenue volatility across Mawson's business segments poses operational and financial uncertainty, particularly for digital colocation and self-mining activities - this impacts the data center and crypto-mining sectors.
  • Ongoing legal action tied to an involuntary bankruptcy petition introduces potential reputational and financial risk for Mawson, affecting investor confidence and capital markets exposure.
  • Recent declines in month-to-month revenue and the companys structural stock change via a 1-for-20 reverse split may affect liquidity and shareholder composition, with implications for public market trading dynamics.

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