Coinbase CEO Continues to Sell Coinbase Stock, Sells Another 40,000 Shares of COIN in January

BlockBeats News, February 12, VanEck's Director of Digital Asset Research, Matthew Sigel, revealed on social media that Coinbase CEO Brian Armstrong sold another 40,000 shares of COIN on January 5, 2026, for approximately $101.6 million at the time. Coinbase's stock price has dropped from a high of $444.64 to the current $153.20.

Previously reported, Brian Armstrong sold a total of about $437 million in the 2024 Q4 quarter; approximately $196 million and $268 million were sold in Q2 and Q3 of 2025, respectively; with 88 sales and 0 purchases. All were sell-offs with no records of any additional purchases.