There’s been a lot of discussion lately in public forums about outsized executive compensation in the crypto sector. At @NasdaqBTCS, we’ve structured 100% of annual performance incentives around measurable, pre-disclosed milestones, and we voluntarily publish simplified Compensation Discussion & Analysis, even though we’re not yet required to under SEC rules. This commitment to transparency was outlined in our January 8-K filing here: No discretionary bonuses. No vague metrics. No surprises. Just clear alignment between performance and shareholder value. Below is a snapshot of our 2025 Performance Incentive Milestones, reflecting our results-driven compensation philosophy: