BlockBeats News, May 8th, according to the OpenInsider tracking system, as of May 2025, Coinbase's co-founder and CEO Brian Armstrong has sold over 1.5 million shares of COIN, with a total cash-out amount of approximately $550 million.

Furthermore, Coinbase released its first-quarter 2026 financial report today, with a net loss of $394 million for this quarter, and total revenue declined to $1.41 billion.