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Ethereum surges past $3,000 as bullish momentum grows, fueled by ETH Foundation's large transfers and Robinhood's new U.S. staking options for ETH and Solana, signaling strong market confidence.

Shareholders push back against high pay for public Bitcoin miner execs after record equity grants

CryptoSlateFriday, July 11, 2025 at 12:00:55 AM
Shareholders push back against high pay for public Bitcoin miner execs after record equity grants
Shareholders at major U.S. Bitcoin mining companies aren’t thrilled about the hefty paychecks their executives are pulling in. This year, approval ratings for those compensation packages dropped to around 64%—way lower than the 90%+ support typical for big S&P 500 firms. A VanEck report dug into the numbers and found that despite Bitcoin’s wild price swings, execs at these miners are still scoring massive equity grants.
Editor’s Note: When shareholders start pushing back on executive pay, it’s usually a sign they think the rewards don’t match the risks—or the results. Bitcoin mining is already a controversial industry, with its huge energy use and reliance on crypto’s volatile prices. If investors feel execs are getting too much while they’re left holding the bag, it could signal deeper tensions about how these companies are run. Plus, with Bitcoin’s post-halving slump, patience for big paydays might be wearing thin.
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