Coinbase CEO Sells $545.7M in Stock, Net Worth Drops Over $10B
Coinbase CEO Brian Armstrong sold $545.7 million of company stock over nine months through 88 sell orders, including a 336,265-share sale at $355.37 and a 40,000-share sale at $254.92. His net worth has fallen by over $10 billion from a $17.7 billion peak, leaving a 14% stake as his remaining major holding.
1. CEO Stock Sales
Brian Armstrong sold $545.7 million of Coinbase stock between April 2025 and January 2026, executing 88 sell orders with no purchases. The largest single-day sale was 336,265 shares at $355.37 on June 25, 2025, and the most recent was 40,000 shares at $254.92 on January 5, 2026.
2. Net Worth Decline
Armstrong’s net worth declined from $17.7 billion in July 2025 to approximately $7.5 billion after his divestitures, with his remaining wealth tied to his 14% ownership stake in the exchange he co-founded.
3. Analyst Ratings
Goldman Sachs upgraded Coinbase to buy with a $303 price target, citing non-trading revenue growth as a buffer against market swings, while JPMorgan cut its price target by 27% due to lower trading volumes and slowing stablecoin growth.
4. Technical Analysis
Shares broke key support at $230-$240, closing down 6%, with a Supertrend at $189.46 and Parabolic SAR at $168.59 signaling downside momentum. Next support zones lie at $150-$155 and $140-$145, with recovery contingent on reclaiming $168-$170.