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Coinbase CEO: Will still hold the majority of the company's shares and plan to operate Coinbase for a long time

Coinbase CEO: Will still hold the majority of the company's shares and plan to operate Coinbase for a long time

CointimeCointime2024/11/03 06:33
By:Cointime

On November 3rd, Coinbase CEO Brian Armstrong posted on X, saying: "For those few who are interested in my latest 10b51 plan, let me first provide some background: over time, I will make some diversified investments, including investments in lunar missions, but I will still retain the vast majority of my Coinbase stocks. For some reason, the relevant disclosures did not show price targets, only the total number of stocks that could lead to FUD. For clarity, I listed about 10% of the stocks I hold in this plan, but most of the price restrictions are much higher than the current price of COIN. I don't think most of the stocks will be executed next year (unless we perform much 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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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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