Aug. 18 at 7:53 AM
$CLSK **For fiscal year 2025 (ended September 30, 2025), S. Matthew Schultz (CEO & Chairman of CleanSpark) received a salary of
$862,917 and a bonus of
$5,533,333.**
These figures come from CleanSpark’s DEF 14A proxy statement filed with the SEC (and summarized on sites like http://Salary.com). His total reported compensation for FY 2025 was about
$44.9 million, which also included stock awards (~
$37.1 million grant-date fair value) and other compensation (~
$1.4 million, which typically includes Bitcoin payments and related items).
### Current / ongoing terms (from September 2025 employment agreement)
- **Base salary**:
$950,000 per year (subject to Board review).
- **Target annual discretionary bonus**: Up to 200% of base salary (
$1.9 million target). Actual bonuses are determined by the Compensation Committee and can differ from the target (as seen in the higher FY 2025 payout).
- He also receives 1.2 Bitcoin per month (payable in arrears, subject to adjustment/discontinuation if mining
