Brian Armstrong sold more stock in 12 months than Coinbase’s Q1 loss

Brian Armstrong sold more stock in 12 months than Coinbase’s Q1 loss

May 11, 2026 · 4 min

About this episode

The episode discusses Brian Armstrong's significant stock sale and Coinbase's financial losses in early 2023.

Coinbase CEO Brian Armstrong sold $541M in COIN by the first week of January. Then his company proceeded to lose $394M within three months.

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