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, disclosed on social media that Coinbase CEO Brian Armstrong once again sold 40,000 shares of COIN on January 5, 2026, for approximately $101.6 million at the time's stock price. Coinbase's stock price has dropped from a high of $444.64 to the current $153.2.

Previously reported, Brian Armstrong sold up to about $437 million in the 2024 Q4 quarter; around $196 million and $268 million in the 2025 Q2 and Q3, respectively; with 88 sell orders and 0 buy orders. All sales were reductions with no records of any purchases.