Coinbase CEO, Brian Armstrong, recently posted on X that he will be making some diversified investments, including investing in moonshots, while still retaining the majority of his Coinbase shares. Some people are worried about the lack of price target disclosure, but Armstrong clarified that he only listed 10% of the stocks in his plan, most of which have price limits much higher than COIN’s current price.
He does not expect most of the stocks to be executed next year unless Coinbase performs much better than expected. Armstrong emphasized that Coinbase is his top priority and he plans to continue operating it for a long time.