secwatch.observer — SEC 8-K summary
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Issuer:     Big Digital Energy, Inc. (BGDE)
CIK:        0001218683
Form:       8-K
Filed at:   2023-10-19T23:59:59+00:00
Accession:  0001013762-23-004953
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mawson signs co-location agreement for 50 MW & 15,876 miners with Consensus Technology Group
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- Agreement for ~15,876 Bitmain Antminer S19 XP miners (approx. 50 MW) at Midland, PA site.
- 12-month term with mutual extension option; customer provides cash deposit and power prepayments.
- Power costs passed through to customer, fixed for 10 months/year, market for remainder.
- Combined self-mining + co-location fleet expected to reach ~35,480 miners and ~3.7 EH/s.
- Co-location fee per MWh plus other fees; customer eligible for curtailment revenue from demand response.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1218683/000101376223004953/0001013762-23-004953-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1218683/000101376223004953/ea186975-8k_mawson.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-004953

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer