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Coinbase CEO to Sell 2% of COIN Stock to Fund Life Extension, Scientific Research

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Brian Armstrong, CEO of the world’s second-largest crypto exchange Coinbase, announced on Twitter that he will sell off about 2% of his Coinbase holdings to fund scientific research, sending the stock price tumbling amid an executive exodus in the crypto industry. Armstrong tweeted on Friday, “I’m passionate about accelerating science and tech to help solve some of the biggest challenges in the world. To further this, I’m planning to sell about 2% of my Coinbase holdings over the next year to fund scientific research and companies like NewLimit + ResearchHub.” According to For ...

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