Big Digital Energy
BGDE on Nasdaq. Market value $30m.
Should I look at this?
Look carefully before going further
Why it could be worth it
Nothing stands out yet.
What to watch out for
Read the warning sign in its own filings
This is not advice.
Who owns it
None of the long-term investors we follow own it. 17 funds in all.
Largest holders overall
- Jane Street Group$519,697New
- Vanguard Capital Management$406,939Added
- NewEdge Advisors$338,808New
- Geode Capital Management$338,404Added
- UBS Group AG$294,369Added
- Bluefin Capital Management$226,015Added
- Vanguard Fiduciary Trust$187,775Added
- Susquehanna International Group, LLP$120,019New
- State Street$105,256New
- Chicago Partners Investment Group$98,766New
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- Joshua Kilgoreat least 44.3%−2.2 pts(filed with 6 related holders)Since 21 September 2026
- Joshua KilgoreInsider or founderat least 27.5%−18.1 pts(filed with 2 related holders)Since 4 April 2026
What they said
Item 4 is hereby amended to add the following: On April 4, 2026, the Reporting Persons entered into a cooperation agreement (the "Cooperation Agreement") with the Issuer, pursuant to which, the Issuer agreed to accept the resignations of Ryan Costello, Steven Soles and Kathryn…
Read the filing - Six Thirty AI, LLCInsider or founder26.1%Since 30 June 2026
What they said
Item 4 is hereby amended to add the following: On June 30, 2026, Six Thirty AI purchased in a private placement 16,700 shares of the Issuer's Series D Convertible Preferred Stock ("Series D") with funds borrowed by Six Thirty AI from YA II PN, LTD, an investor otherwise…
Read the filing - Rahul MewawallaInsider or founder24.1%+1.4 ptsSince 22 May 2025
| Holder | Stake | Since | |
|---|---|---|---|
Joshua Kilgore | at least 44.3%−2.2 pts (filed with 6 related holders) | 21 September 2026 | |
Joshua Kilgore Insider or founder | at least 27.5%−18.1 pts (filed with 2 related holders) | 4 April 2026 | What they saidItem 4 is hereby amended to add the following: On April 4, 2026, the Reporting Persons entered into a cooperation agreement (the "Cooperation Agreement") with the Issuer, pursuant to which, the Issuer agreed to accept the resignations of Ryan Costello, Steven Soles and Kathryn… Read the filing |
Six Thirty AI, LLC Insider or founder | 26.1% | 30 June 2026 | What they saidItem 4 is hereby amended to add the following: On June 30, 2026, Six Thirty AI purchased in a private placement 16,700 shares of the Issuer's Series D Convertible Preferred Stock ("Series D") with funds borrowed by Six Thirty AI from YA II PN, LTD, an investor otherwise… Read the filing |
Rahul Mewawalla Insider or founder | 24.1%+1.4 pts | 22 May 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
In the last 12 months, 5 insiders bought $1m of shares on the open market.
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 21 September 2026
- Shares
- 795
- Price
- $6.21
- Value
- $4,937
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 18 September 2026
- Shares
- 494
- Price
- $5.99
- Value
- $2,959
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 15 September 2026
- Shares
- 1,325
- Price
- $5.99
- Value
- $7,937
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 14 September 2026
- Shares
- 912
- Price
- $6.49
- Value
- $5,918
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 11 September 2026
- Shares
- 1,138
- Price
- $6.35
- Value
- $7,223
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 9 September 2026
- Shares
- 1,130
- Price
- $6.35
- Value
- $7,173
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 2 September 2026
- Shares
- 4,000
- Price
- $6.29
- Value
- $25,160
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 1 September 2026
- Shares
- 16,000
- Price
- $6.46
- Value
- $103,360
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 31 August 2026
- Shares
- 30,000
- Price
- $6.66
- Value
- $199,800
- Kilgore Joshua AllenSEE REMARKSBought
- Date
- 28 August 2026
- Shares
- 135
- Price
- $6.64
- Value
- $896
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 21 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 795 | $6.21 | $4,937 |
| 18 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 494 | $5.99 | $2,959 |
| 15 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 1,325 | $5.99 | $7,937 |
| 14 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 912 | $6.49 | $5,918 |
| 11 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 1,138 | $6.35 | $7,223 |
| 9 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 1,130 | $6.35 | $7,173 |
| 2 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 4,000 | $6.29 | $25,160 |
| 1 September 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 16,000 | $6.46 | $103,360 |
| 31 August 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 30,000 | $6.66 | $199,800 |
| 28 August 2026 | Kilgore Joshua Allen SEE REMARKS | Bought | 135 | $6.64 | $896 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
1 serious warning sign in Big Digital Energy’s filings.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 31 Mar 2026, plus the 10-Q filed 14 Aug 2026 and 10 later 8-Ks.
Doubt it can keep going
SeriousThe company or its auditor warned it may not have enough money to last the next year.
“The Company has evaluated the above conditions and concluded that these conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these consolidated financial statements.”
From the 10-Q filed 14 August 2026, Part I, Item 1. Financial Statements. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.