From https://www.youtube.com/@Suigi/posts

The initial announcement was $1000, but it’s been increased by crowdfunding.

I AM ANNOUNCING A HUGE BOUNTY FOR SUPER MARIO 64 SPEEDRUNNING.

FIRST RUNNER TO END MY REIGN OF 5/5 GETS $1000, WILL GROW WITH CROWDFUNDING

WATCH MY ANNOUNCEMENT ON MY YOUTUBE CHANNEL FOR MORE INFO

GOOD LUCK TO ALL THE RUNNERS. LET’S END THIS.

Yes he typed it in all caps lol