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News Explorer — Coinbase CEO Brian Armstrong Has Sold a 2% Stake in the Company and Continues to Sell More Shares

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Feb 21, 8:29 pm

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Coinbase CEO Brian Armstrong Has Sold a 2% Stake in the Company and Continues to Sell More Shares

Coinbase CEO Brian Armstrong has fulfilled his pledge to sell a 2% stake in the company, generating nearly $53.2 million. However, he has continued to sell off his shares, offloading an additional 316,150 shares since November. Armstrong's trading plan allows him to sell up to 1.8 million shares, which would amount to nearly 5% of his remaining stake.

Coinbase CEO Brian Armstrong has fulfilled his pledge to sell a 2% stake in the company, generating nearly $53.2 million. However, he has continued to sell off his shares, offloading an additional 316,150 shares since November. Armstrong's trading plan allows him to sell up to 1.8 million shares, which would amount to nearly 5% of his remaining stake.

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