Ashu Swami Chief Technology Officer
Company: Marathon Digital
What the later record shows
Not a promise: a reported event · happened December 27, 2021
The April 2023 statement reports an appointment that had already taken effect on December 27, 2021. Later filings list Swami as CTO and date his appointment and agreement to December 20, 2021.
“Ashu Swami 43 December 20, 2021 Chief Technology Officer”
2023-06-12 · Marathon Digital PRE 14A filed 2023-06-13 View cached copy (2026-09-13)Live source ↗
“Employment Agreement, dated December 20, 2021, by and between Marathon Digital Holdings, Inc. and Ashu Swami”
2024-02-27 · Marathon Digital 10-K filed 2024-02-28 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Ashu Swami appointed as Chief Technology Officer effective December 27, 2021, under one-year renewable employment agreement with base salary of $275,000 and up to $137,500 annual cash bonus
Source (primary)
Marathon Digital 10-K/A filed 2023-04-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Effective December 27, 2021, Marathon Digital Holdings, Inc. (the "Company") appointed Ashu Swami as its Chief Technology Officer and entered into an Executive Employment Agreement ("Agreement") with Mr. Swami. Mr. Swami is employed as CTO for a one year term which shall automatically renew unless either he or the Company notifies the other at least 90 days before the end of the initial or any renewal term of the intent to terminate the Agreement. Mr. Swami's base salary is $275,000 per year with a cash bonus of upto to $137,500 per year.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing's narrative states each of these terms, though its officer table separately lists Swami's first appointment date as December 20, 2021.
Confirmed in the source:
- Ashu Swami was appointed Chief Technology Officer effective December 27, 2021
- Swami's agreement is a one-year term that renews automatically
- Swami's base salary is $275,000 per year
- Swami is eligible for a cash bonus of up to $137,500 per year
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223014714/form10-ka.htm) in full (81,182 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-K/A filed 2023-04-28
Quote: “Effective December 27, 2021, Marathon Digital Holdings, Inc. (the "Company") appointed Ashu Swami as its Chief Technology Officer and entered into an Executive Employment Agreement ("Agreement") with Mr. Swami. Mr. Swami is employed as CTO for a one year term which shall automatically renew unless either he or the Company notifies the other at least 90 days before the end of the initial or any renewal term of the intent to terminate the Agreement. Mr. Swami's base salary is $275,000 per year with a cash bonus of upto to $137,500 per year.”