How Schultz was paid
$44.9M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| S. Matthew SchultzCEO & Chairman | $862,917 | $5,533,333 | $37,098,637 | $1,406,620 | $44,901,507 |
| Gary A. VecchiarelliCFO & President | $521,667 | $1,383,333 | $14,015,116 | $224,595 | $16,144,711 |
| Scott E. GarrisonCDO & EVP | $554,167 | $900,000 | $10,155,762 | $33,905 | $11,643,834 |
| Taylor MonnigCTO/COO | $554,167 | $900,000 | $10,155,762 | $33,928 | $11,643,857 |
| Zachary K. BradfordFormer CEO & President | $1,766,855 | $4,916,333 | $17,407,888 | $24,663,920 | $48,754,996 |
What changed and why
- $44.9MCEO total compensation increased to $44,901,507 following his appointment as Chief Executive Officer in August 2025.
- $766.3MRevenue from Bitcoin mining activities increased by 102% to $766.3 million during fiscal year 2025.
- Stock awards comprised the largest component of executive compensation through time-based and performance-based RSUs.
- $24.7MFormer CEO Zachary K. Bradford received $24,663,920 in all other compensation related to his separation.
- 76%Stockholders approved the say-on-pay proposal with approximately 76% support at the prior annual meeting.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.