---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-114368"
form_type: "8-K"
ticker: "BGDE"
cik: "0001218683"
company_name: "Big Digital Energy, Inc."
filed_at: "2025-11-25T23:59:59+00:00"
generated_at: "2026-05-16T16:50:00.534919+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mawson October total revenue $3.3M, down 30% YoY; energy management up 191% YoY

## Summary
- Total monthly revenue $3.3M, down 30% Y/Y from October 2024 and down 36% M/M from September 2025.
- Digital colocation revenue $1.6M, down 59% Y/Y and down 56% M/M.
- Energy management revenue $1.6M, up 191% Y/Y and up 29% M/M.
- Digital assets mining revenue $0.1M, down 55% Y/Y and down 62% M/M.
- CEO cites transitional period; Bellefonte lease extended and GPU pilot advancing to diversify into HPC/AI.

## SEC filing metadata
- accession: 0001213900-25-114368
- form_type: 8-K
- ticker: BGDE
- cik: 0001218683
- company_name: Big Digital Energy, Inc.
- filed_at: 2025-11-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1218683/000121390025114368/0001213900-25-114368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1218683/000121390025114368/ea0267063-8k_mawson.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-114368
- JSON: https://secwatch.observer/filing/0001213900-25-114368.json
- Plain text: https://secwatch.observer/filing/0001213900-25-114368.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
