Marathon Digital Initiates Incentive Program and Business Reorganization

An announcement from Marathon Digital Holdings (MARA) is now available.

Marathon Digital Holdings, Inc. is enhancing its employee motivation and retention strategy through the Long-Term Incentive Program (LTIP), which rewards executives with restricted stock units based on the company’s stock performance. The LTIP’s vesting is contingent on achieving certain stockholder return metrics and promotes long-term commitment by spreading vesting over a multi-year period. Additionally, the company is reorganizing into business units to drive growth, accountability, and shareholder returns, with specific leaders heading the digital asset mining, technology, and strategic initiatives and energy harvesting units.

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