Brian Armstrong Praises Coinbase ‘Diamond Hands’ — But Sells $101M in COIN Himself
Coinbase CEO Brian Armstrong praised retail users for their "diamond hands," noting they increased Bitcoin and Ethereum holdings during recent market dips, with most maintaining or exceeding December 2025 balances. However, this contrasts with Armstrong selling over $550 million in COIN stock since April 2025 under a prearranged trading plan. The sales, while routine for executives, have sparked debate about leadership messaging during market volatility. Despite regulatory pressures and Bitcoin's drop below $60,000, retail investors showed resilience, while insider sales raised questions about alignment between executive actions and public encouragement of long-term holding.
ccn.com02/16 07:34
