Big Digital Energy, Inc. (BGDE): debt financing — Big Digital Energy enters $40M related-party revolver; pivots to AI/HPC with 752 MW pipeline

Big Digital Energy, Inc.

Revolving credit facility of $40M at 12% interest from Endeavor Blockchain, secured by assets; sole member is Executive Chairman Josh Kilgore.
Company presentation details strategic pivot to AI/HPC infrastructure with 752 MW combined pipeline (168 MW BGDE + 584 MW SixThirty.AI).
Capital raise strategy targets $1B+ to fund expansion, resolve legacy debt, and pursue AI conversion projects.
Any acquisition of SixThirty.AI assets will follow independent third-party valuation and approval by non-affiliated directors.
Management estimates replacement cost of existing 129 MW PJM footprint at $90M to $1.9B based on peer benchmarks.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Big Digital Energy, Inc. incurred revolving credit of $40,000,000 with Endeavor Blockchain, LLC at 12% per annum maturing upon demand.

Instrument: revolving credit
Principal: $40,000,000
Counterparty: Endeavor Blockchain, LLC
Rate: 12% per annum
Maturity: upon demand
Event: incurrence

Exact text from the filing

the aggregate principal sum of all revolving loans advanced from time to time by the Noteholder to the Borrower not to exceed forty million dollars ($40,000,000)

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295 debt financings filed in the last 30 days. Browse all debt financings →

Big Digital Energy, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-064721

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.