I think it's abnormal for executives to get compensation > entire company revenue. I'm sure it happens in other industries from time to time but it seems like a sign of misinvestment to me.
Yes, and MARA has only been profitable in one quarter so far, if I read things correctly, and the author argues quite convincingly that even those profits are overstated insofar as the depreciations are understated, and things will quite likely turn worse. At the same time, extravagant salaries are being paid. That is how investors are being taken advantage of.