Coinbase CEO Responds to COIN Sell-off: It’s not possible to have 99.999% of your assets in one stock forever, bulk of net worth still in Coinbase stock

By: theblockbeats.news|2026/04/18 06:50:32

BlockBeats News, January 7th, Coinbase CEO Brian Armstrong responded to user questions about his ongoing sale of COIN stock in a post on X, stating: "I did sell some, but I've been building this company for 13 years. Wouldn't it be crazy if I had 99.999% of my net worth still in a single stock? So it's a deliberate decision. However, most of my net worth is still in COIN, and I'm very optimistic about the future. At the same time, I have also used some of the proceeds to help start more companies."

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