Fred Thiel FY 2024 Bonus Target
Company: Marathon Digital
The claim, verbatim
Fred Thiel's FY 2024 annual performance bonus target is up to $2,137,500 (225% of base salary)
Source (primary)
Marathon Digital 8-K filed 2024-02-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Fred Thiel $ 950,000 up to 225% $ 2,137,500”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The filing's FY 2024 bonus target table lists Fred Thiel at up to 225% of a $950,000 base salary, or $2,137,500, and says bonuses depend on performance objectives.
Confirmed in the source:
- Fred Thiel's FY 2024 annual bonus target percentage is up to 225% of base salary
- Fred Thiel's FY 2024 annual bonus target amount is $2,137,500, which is 225% of his $950,000 FY 2024 base salary
- The bonus is performance-based, tied to FY 2024 objectives to be set by the Compensation Committee
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315224004798/form8-k.htm) in full (8,397 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 8-K filed 2024-02-02
Quote: “Fred Thiel $ 950,000 up to 225% $ 2,137,500”