People see how the logo of Coinbase Global Inc., the largest cryptocurrency exchange in the United States, is displayed at the Nasdaq MarketSite jumbotron in Times Square in New York, USA, on April 14, 2021. REUTERS / Shannon Stapleton
Coinbase CEO (COIN.O) Brian Armstrong sold a total of nearly $ 292 million worth of shares during the first day of cryptocurrency trading on the Nasdaq last week, according to regulatory records.
Armstrong sold 749,999 shares in three lots at prices ranging from $ 381 to $ 410.40 per share for a total revenue of $ 291.8 million, according to Securities and Securities claims. United States Exchange Commission.
Blockchain and cryptocurrency website Coindesk reported over the weekend that Coinbase stakeholders and investors sold about $ 5 billion in shares during the first day of trading.
Coinbase Global Inc. went public in a big-screen debut on the Nasdaq, which briefly valued it at more than $ 100 billion. Read more
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