PM Squared LLC

10% Owner Endeavor Blockchain bought 69,670 shares for $498,294.58 at Big Digital Energy (BGDE); cluster buy pattern detected.

Endeavor Blockchain, a 10% shareholder, executed 5 separate purchases totaling 69,670 shares for $498,294.58 over two days (June 11-12, 2026) at a blended average price of $7.15, increasing holdings from 1,480,330 to 1,550,000 shares. The company's fundamentals are weak: revenue declined -32.9% year-over-year and the company was unprofitable over its most recent full fiscal year. The insider's cross-ticker track record shows 20 prior buys with an average 90-day return of -13.7%, indicating a historical pattern of unfavorable outcomes. The cluster pattern of 4 other insiders also buying within the past 14 days warrants observation, though it does not resolve the fundamental weakness or the insider's own poor historical timing.

10% owner Endeavor Blockchain bought 42,100 shares at $4.57 avg on 2026-01-28; stock at -87.7% from 52-week high and -81.9% over 90 days.

Endeavor Blockchain, a 10% owner, made 2 separate purchases totaling 42,100 shares for $192,502.00 at an average blended price of $4.57 on 2026-01-28. This transaction occurs against a backdrop of severe price deterioration: the stock has fallen -81.9% over 90 days and trades -87.7% below its 52-week high of $33.60. While the insider's pre-transaction holdings showed a deficit position (-37,703 shares), the purchase brings the stake to 4,397 shares post-transaction. The company itself shows mixed fundamentals—annual revenue growth of +36.0% and a profitable latest quarter ($327,659.00 net income on $13,174,706.00 revenue)—yet was unprofitable over its most recent full fiscal year. Recent transaction history at MIGI shows the insider has executed 5 buys over 12 days (2026-01-07 through 2026-01-28), suggesting active accumulation during a period of steep decline, though outcomes remain unmeasurable as all trades are within the reporting window.

10% owner Endeavor Blockchain acquired 60,000 shares of MIGI at $4.84 on 2026-01-26; stock -85.7% from 52-week high, down -81.2% over 90 days.

Endeavor Blockchain, a 10% owner, purchased 60,000 shares at $4.84, bringing its holding to 1,460,000 shares (+4.3% increase). This acquisition occurs after the stock has declined sharply: it is -85.7% from its 52-week high of $33.60 and has fallen -81.2% over the past 90 days, despite a +6.7% rebound over the last 30 days. The company fundamentals show revenue of $13,174,706.00 and net income of $327,659.00 in the latest quarter, with annual revenue growth of +36.0%, but it remains unprofitable on a full-year basis. The timing is noteworthy: Endeavor Blockchain has made five consecutive purchases at this ticker within a 21-day window (2026-01-06 through 2026-01-26), while across all of its open-market trading activity at other tickers, the insider's cross-ticker track record shows an average 30-day return of -9.0% on 20 prior buys. Investors should note the concentrated accumulation pattern at a severely depressed valuation against a backdrop of revenue growth but continued full-year losses.

10% Owner Endeavor Blockchain bought 801,279 shares across 25 transactions totaling $4,388,680.84 at blended average $5.48, now underwater at $4.46

Endeavor Blockchain, a 10% shareholder of Mawson Infrastructure Group Inc., executed 25 separate purchases totaling 801,279 shares for $4,388,680.84 between 2025-11-26 and 2025-12-16, with a blended average price of $5.48. The transaction occurred during a severe drawdown: the stock is currently trading at $4.46, down 86.7% from its 52-week high of $33.60, and has fallen 83.7% over the past 90 days. This aggressive accumulation by a major existing shareholder—who prior to this filing had a negative balance of -798,982 shares—represents a substantial capital commitment and a shift toward a net long position of 2,297 shares. The purchases span a wide price range ($4.03 to $12.00) and accelerate in volume as prices decline, yet the company remains unprofitable at the full-year level despite strong revenue growth of 36.0%, creating tension between operational momentum and negative earnings that merit close investor attention.

10% owner Endeavor Blockchain buys 140.0K shares of MIGI at $4.68; now -86.9% from 52-week high of $33.60, stock -82.2% in 90 days.

Endeavor Blockchain, a 10% owner, purchased 140,000 shares at $4.68 on 2026-01-16, increasing holdings to 1.40M shares (+11.1% vs pre-transaction holdings). This comes amid severe price deterioration: MIGI has declined -86.9% from its 52-week high of $33.60, with a -82.2% drop over the past 90 days and -8.3% in the last 30 days. The insider has made five rapid consecutive purchases at MIGI (on 2026-01-06, 2026-01-06, 2026-01-07, 2026-01-09, and 2026-01-12), all within measurable-outcome windows where results are not yet available. Across the insider's broader 20-trade cross-ticker open-market history, buys have averaged -13.0% 30-day returns, indicating a poor track record of timing entry points. The combination of aggressive accumulation into a collapsing stock with a documented history of poorly-timed buys warrants careful evaluation of whether this represents conviction or reflects a pattern of purchasing into downturns without favorable outcomes.