Endeavor Blockchain boosts Mawson Infrastructure Group (MIGI) stake

Rhea-AI Filing Summary

Endeavor Blockchain, LLC, a 10% owner of Mawson Infrastructure Group Inc. (MIGI), reported a series of open-market purchases of Mawson common shares. On December 26, 2025, it purchased 45,000 shares at a weighted average price of $4.33, and on December 29, 2025 it bought 20,000 shares at a weighted average price of $4.55. Additional buys included 10,000 shares on January 5, 2026 at $4.60, 10,000 shares on January 6, 2026 at a weighted average of $4.52, and a larger 100,000-share purchase on January 7, 2026 at a weighted average of $4.52.

Following these transactions, Endeavor Blockchain, LLC reported beneficial ownership of 1,100,000 common shares. The filing also notes separate shareholdings of 42,982 and 52,982 shares owned solely by Cody Smith, 8,000 shares owned solely by Joshua Kilgore, and 2,297 shares owned solely by PM Squared, LLC, each described as being part of a “group” with Endeavor Blockchain, LLC for Section 13(d) purposes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Endeavor Blockchain, LLC

(Last) (First) (Middle)

5701 EUPER LANE, SUITE A

(Street)

FORT SMITH AR 72903

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Mawson Infrastructure Group Inc. [ MIGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	12/26/2025		P		45,000	A	$4.33(1)	960,000(7)	D
Common Shares	12/29/2025		P		20,000	A	$4.55(2)	980,000(7)	D
Common Shares	01/05/2026		P		10,000	A	$4.6	990,000(7)	D
Common Shares	01/06/2026		P		10,000	A	$4.52(3)	1,000,000(7)	D
Common Shares	01/07/2026		P		100,000	A	$4.52(4)	1,100,000(7)	D
Common Shares	12/26/2025		P		10,000	A	$4.39(5)	42,982(8)	D
Common Shares	01/06/2026		P		10,000	A	$4.46(6)	52,982(8)	D
Common Shares								8,000(9)	D
Common Shares								2,297(10)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.22 to $4.51, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.46 to $4.65, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

3. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.40 to $4.55, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

4. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.49 to $4.58, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

5. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.30 to $4.45, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

6. The purchase price reported above is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.41 to $4.462, inclusive. The reporting person undertakes to provide to Mawson Infrastructure Group Inc., any security holder of Mawson Infrastructure Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

7. These shares are owned solely by Endeavor Blockchain, LLC.

8. These shares are owned solely by Cody Smith, who is a member of a "group" with Endeavor Blockchain, LLC for purposes of Section 13(d) of the Exchange Act.

9. These shares are owned solely by Joshua Kilgore, who is a member of a "group" with Endeavor Blockchain, LLC for purposes of Section 13(d) of the Exchange Act.

10. These shares are owned solely by PM Squared, LLC, which is a member of a "group" with Endeavor Blockchain, LLC for purposes of Sectoin 13(d) of the Exchange Act.

	ENDEAVOR BLOCKCHAIN, LLC By: /s/ Joshua Kilgore, Managing Member /s/ Joshua Kilgore /s/ Cody Smith PM SQUARED, LLC By: /s/ Phil Stanley, Managing Member /s/	01/12/2026
	** Signature of Reporting Person	Date
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FAQ

Who is the reporting person in the Mawson Infrastructure Group (MIGI) Form 4?

The reporting person is Endeavor Blockchain, LLC, which is identified as a 10% owner of Mawson Infrastructure Group Inc. in the filing.

What insider share purchases in MIGI did Endeavor Blockchain, LLC report?

Endeavor Blockchain, LLC reported open-market purchases of Mawson common shares on December 26 and 29, 2025, and on January 5, 6, and 7, 2026, with individual trades ranging from 10,000 to 100,000 shares.

At what prices were the Mawson (MIGI) shares bought in this Form 4?

The reported purchases were at weighted average prices around the mid-$4 range, including $4.33, $4.55, $4.60, and $4.52, with detailed price ranges provided in the footnotes.

How many Mawson Infrastructure (MIGI) shares did Endeavor Blockchain, LLC report owning after the transactions?

After the reported transactions, Endeavor Blockchain, LLC showed 1,100,000 common shares beneficially owned following the January 7, 2026 purchase.

Who else is mentioned in the MIGI Form 4 as part of a group with Endeavor Blockchain, LLC?

The filing notes that Cody Smith, Joshua Kilgore, and PM Squared, LLC each own certain shares solely and are described as members of a “group” with Endeavor Blockchain, LLC for Section 13(d) purposes.

How many Mawson (MIGI) shares are reported for Cody Smith, Joshua Kilgore, and PM Squared, LLC?

The Form 4 reports 42,982 and 52,982 shares owned solely by Cody Smith, 8,000 shares owned solely by Joshua Kilgore, and 2,297 shares owned solely by PM Squared, LLC.