{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-064721","form_type":"8-K","ticker":"BGDE","cik":"0001218683","company_name":"Big Digital Energy, Inc.","filed_at":"2026-06-03T20:05:22+00:00","discovered_at":"2026-06-03T20:07:00.270705+00:00","generated_at":"2026-06-03T20:19:39.604094+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Big Digital Energy enters $40M related-party revolver; pivots to AI/HPC with 752 MW pipeline","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-064721","json":"https://secwatch.observer/filing/0001213900-26-064721.json","markdown":"https://secwatch.observer/filing/0001213900-26-064721.md","text":"https://secwatch.observer/filing/0001213900-26-064721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1218683/000121390026064721/0001213900-26-064721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1218683/000121390026064721/ea0293476-8k_bigdigital.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T20:19:39.604094+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ba2268fc276ba8d13fbb44e3a884a91aed77fe3d","claim":"Big Digital Energy, Inc. incurred revolving credit of $40,000,000 with Endeavor Blockchain, LLC at 12% per annum maturing upon demand.","evidence_excerpt":"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)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1218683/000121390026064721/0001213900-26-064721-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$40,000,000"},{"label":"Counterparty","value":"Endeavor Blockchain, LLC"},{"label":"Rate","value":"12% per annum"},{"label":"Maturity","value":"upon demand"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}