25% bonus on transferring hotel points

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I was thinking about this when I looked at my statement earlier.

140,000 Hhonors points = 21,000 AA miles + bonus 5,000 AA miles for a total of 26,000 AA miles.

The way transfers are valued look totally wrong even with the bonus.
 
AMEX Velocity Platinum Card Benefits
Australia's highest-earning Velocity Frequent Flyer credit card: Offer expires: 30 Apr 2025
- Earn 100,000 bonus Velocity Points
- Get unlimited Virgin Australia Lounge access
- Enjoy a complimentary return Virgin Australia domestic flight each year

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