Coinbase execs have sold 9 times more stock than they’ve bought in 2023
Since late December, Coinbase insiders have sold more than 500K shares for just over $26 million while only 57K shares have been bought.
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Coinbase proves strategy works by axing 1,000 employees
Armstrong says that Coinbase needs to reduce expenses to increase its chances of doing well in every scenario.
Armstrong holds no Coinbase common stock but who has GBTC’s bitcoin?
Brian Armstrong says he’s bullish on crypto, but eyebrows were raised when it was revealed he’s sold all of his Coinbase common stock.
Coinbase staff told to wait an hour to discover if they were fired
According to an SEC filing, the cuts will leave Coinbase with around 5,000 remaining staff and will cost somewhere in the region of $40 million.
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