Coinbase CEO Armstrong’s fortune shrinks as COIN posts quarterly loss and filings show $500m stock sales
Coinbase reported a fourth-quarter loss as trading volumes dropped, with transaction revenue falling to $982.7 million from $1.56 billion a year earlier. CEO Brian Armstrong sold over $500 million in stock since April 2025, according to filings, and his wealth has dropped by more than $10 billion, removing him from Bloomberg’s top-500 rich list.