Coinbase CEO clarifies 10b51 plan: Coinbase is the top priority and still retains the majority of the company's shares
2024-11-03 05:57
Odaily News Brian Armstrong, CEO of Coinbase, said in a post on X: “For the few who are following my latest 10b51 plan, let me first introduce the background: Over time, I will make some diversified investments, including investing in moonshots, but still retain the vast majority of Coinbase shares I hold. For some reason, the relevant disclosure does not show the price target, only the total number of stocks that may cause FUD. For clarity, I listed about 10% of the stocks held in the plan, but most of them have price limits much higher than COIN’s current price. 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 a long time.”
