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Coinbase Founder Responds to Selling COIN: I Can't Keep 99.999% of My Assets in a Single Stock
Coinbase founder Brian Armstrong responded to user questions about his ongoing sale of COIN shares on X, saying: "Yes, I have sold, but after 13 years of entrepreneurship, if I still keep 99.999% of my net assets in one stock, wouldn't that be too crazy? So, this is an inevitable choice.
However, the majority of my current net assets are still in COIN, and I am very optimistic about the future. At the same time, I also used part of the proceeds to help establish more companies."