Overview
On January 28, 2026, multiple entities listed as 10% owners disclosed purchases of Mawson Infrastructure Group Inc. (NASDAQ:MIGI) stock. The aggregate outlay reported for those transactions was $192,502, with reported trade prices ranging from $4.57 to $4.62. The purchases were filed the same day that MIGI shares were quoted at $4.12, reflecting a 17.6% decline over the past week and trading below the prices attached to the insiders' buys.
Who bought and what they own
Endeavor Blockchain, LLC led the activity, acquiring 40,000 shares in multiple trades at an average price of $4.57. Those multiple tranches were reported at prices spanning $4.46 to $4.68 and amounted to $182,800. After the purchases, Endeavor Blockchain, LLC is reported to directly own 1,500,000 shares.
PM Squared LLC recorded a purchase of 2,100 shares at $4.62 per share, totaling $9,660. That filing shows PM Squared LLC now directly holds 4,397 shares.
Two individuals identified in the filings also hold direct positions: Joshua Allen Kilgore directly owns 8,000 shares and Cody Smith directly owns 75,000 shares.
Market context and analyst data
InvestingPro data cited in the filings indicates that Mawson appears undervalued relative to its Fair Value, while noting the company carries an overall weak financial health rating. Over the past year, the company's share price has fallen by 72.37%. Despite those pressures, analysts included in the data set project positive earnings of $1.24 per share for fiscal year 2025.
Recent operating and corporate developments
Mawson reported monthly revenue for October 2025 of $3.3 million, a 30% decline from the same month the prior year and a 36% decrease from September 2025. Within that revenue mix, digital colocation revenue fell 59% year-over-year, while energy management revenue rose 191%.
The company implemented a 1-for-20 reverse stock split, consolidating every 20 shares into one, a change formalized via a Certificate of Amendment filed with the Secretary of State of Delaware. Separately, Mawson has regained compliance with Nasdaq’s listing standards and remains on the Nasdaq Capital Market after previously being non-compliant with minimum bid price and market value requirements.
On the legal front, Mawson has filed a lawsuit seeking damages related to an involuntary bankruptcy petition, alleging the petition caused significant financial and reputational harm.
Summary perspective
The reported insider purchases total $192,502 and were executed while the market price was below the insiders’ purchase prices. The filings combine transactional detail with operational and legal developments that underscore mixed signals about the company’s near-term performance and structural position.
Key points
- Endeavor Blockchain, LLC purchased 40,000 shares at an average of $4.57 and now directly owns 1,500,000 shares; total insider buys reported were $192,502 - impacts capital markets and investor sentiment.
- Mawson’s October 2025 revenue was $3.3 million, down 30% year-over-year, with digital colocation revenue down 59% and energy management revenue up 191% - impacts data center and energy management sectors.
- Company has undergone a 1-for-20 reverse split and regained Nasdaq compliance after prior non-compliance with minimum bid price and market value standards - impacts listing status and shareholder structure.
Risks and uncertainties
- Significant recent revenue declines and a 72.37% drop in the share price over the past year signal operational and market risk for investors - relevant to infrastructure and digital colocation sectors.
- Weak overall financial health rating as reported in the data introduces balance-sheet and solvency uncertainty for the company - relevant to creditors and equity holders.
- Ongoing legal actions tied to an involuntary bankruptcy petition present potential financial and reputational liabilities - relevant to risk assessment for stakeholders and lenders.
For readers tracking insider activity and corporate developments at Mawson Infrastructure Group Inc., the filings provide a snapshot of transactions and company events that may bear on shareholder consideration. InvestingPro commentary referenced in the filings also notes valuation and health metrics that investors may weigh alongside these disclosures.