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Armstrong, Coinbase’s CEO, sold $ 291.8 million in shares on the first day. ByReuters

© Reuters.File Photo: People see the logo of Coinbase Global Inc, the largest cryptocurrency exchange in the United States, on the Nasdaq Market Site Jumbotron in Times Square, New York.

(Reuters)-Coinbase CEO Brian Armstrong held a total of about $ 292 million on the first day of trading on the crypto exchange on the Nasdaq last week, according to a regulatory filing. Sold.

Armstrong submitted to the US Securities and Exchange Commission that it sold 749,999 shares in three installments, with total revenue of $ 291.8 million, at prices ranging from $ 381 to $ 410.40 per share. Is shown.

Over the weekend, blockchain and cryptocurrency website Coindesk reported that Coinbase stakeholders and investors sold a total of approximately $ 5 billion in shares on the first day of trading.

Coinbase Global Inc made a remarkable debut on the Nasdaq and temporarily valued it at over $ 100 billion.

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Armstrong, Coinbase’s CEO, sold $ 291.8 million in shares on the first day. ByReuters

Source link Armstrong, Coinbase’s CEO, sold $ 291.8 million in shares on the first day. ByReuters

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