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Coinbase CEO Armstrong plans to sell up to $1.31 billion in shares

Coinbase CEO Armstrong plans to sell up to $1.31 billion in shares
AI summary

Coinbase CEO Brian Armstrong adopted a plan to sell up to $1.31 billion in company shares, while co-founder Fred Ehrsam and president Emilie Choi also set up share-sale plans with trading windows extending into 2027. The filings signal sizable insider selling at the exchange, which traders often read as a caution flag on valuation even when sales are pre-scheduled. COIN holders will watch whether the added supply pressures the stock.

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