Coinbase Founder Responds to Selling COIN: I Can't Keep 99.999% of My Assets in a Single Stock Forever

Odaily News Brian Armstrong, the founder of Coinbase, responded to user questions about his continued sale of COIN stock on X, stating: "I did sell, but after 13 years of entrepreneurship, wouldn't it be crazy if I still kept 99.999% of my net worth in a single stock? So it was the obvious choice. However, the vast majority of my net worth is still in COIN, and I'm very optimistic about the future. At the same time, I've also used some of the proceeds to help start more companies."