Coinbase CEO: Will still hold the vast majority of company shares and plans to operate Coinbase for the long term

2024-11-03 14:05:21

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ChainCatcher news, Coinbase CEO Brian Armstrong posted on X: "For the few who are paying attention to my latest 10b51 plan, let me provide some background: Over time, I will make some diversified investments, including investments in the moon landing plan, but I will still retain the vast majority of my Coinbase shares.

For some reason, the relevant disclosures did not show the price targets, only the total number of shares that could lead to FUD. To clarify, I listed about 10% of the shares I hold in this plan, but most of the price limits are much higher than COIN's current price. I do not expect most of the shares to be executed next year (unless our performance is significantly better than expected). Coinbase is my top priority. We are just getting started, and I plan to operate it for the long term."

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