A notable Bitcoin mining company, Marathon Digital (MARA), experienced a significant increase in its stock value on Monday. According to data from Ycharts, the company witnessed a 17% surge, reaching a price of $20.67.

The surge in Marathon Digital's stock value was a result of its inclusion in the S&P SmallCap 600 index, as confirmed by S&P Global. The company's role as a key player in the cryptocurrency mining sector has solidified its position in this index.

To bridge the gap between company executives and shareholders, a bonus plan tied to the stock price was put into effect, potentially reaching $32.8 million.

The recent developments, including Marathon Digital's addition to the S&P SmallCap 600 index and the implementation of the executive bonus plan, reflect a positive outlook on the company's future prospects.