Coinbase CEO Sells $546M Shares, Armstrong Net Worth Falls $10B
Coinbase CEO Brian Armstrong liquidated $545.7 million of stock across 88 sell orders between April 2025 and January 2026, topping out with a 336,265-share sale at $355.37 on June 25, 2025. His net worth dropped over $10 billion from $17.7 billion in July 2025 to $7.5 billion, tied to his 14% stake.
1. Armstrong’s Stock Liquidations
Brian Armstrong sold 1.5 million shares totaling $545.7 million over nine months, executing 88 exit trades. His largest divestment was 336,265 shares at $355.37 on June 25, 2025, and his most recent sale was 40,000 shares at $254.92 on January 5, 2026.
2. Wealth Impact
Armstrong’s net worth fell from $17.7 billion in July 2025 to $7.5 billion as of January 2026, leaving his remaining fortune tied to a 14% ownership in the exchange he co-founded.
3. Analyst Responses
Goldman Sachs raised its rating to Buy with a $303 target, citing non-trading revenue strength, while JPMorgan cut its price target by 27%, flagging lower trading volumes and soft crypto prices.
4. Technical Outlook
Shares breached the $230–240 support zone, closing down 6% on February 13, and face next support at $140–145 and the psychological $130 level. A reclaim of $168–170 or $190 is needed to reverse the downtrend.