Coinbase CEO sold $636 million in COIN shares last year, Michael Saylor sold $410.8 million in MicroStrategy shares

PANews January 4 news, according to Blockworks, according to the internal stock sales of the top 60 companies in the S&P 500 Index in 2024, these companies include Apple, Nvidia, and Walmart, with approximately 500 insiders, executives, and investors and other major shareholders reported selling a total of $36.9 billion worth of company stock. Amazon Executive Chairman Jeff Bezos accounts for more than a third of that total ($13.4 billion).

Four crypto executives make the top 25: Coinbase CEO Brian Armstrong ranks 8th with $636 million; MicroStrategy’s Michael Saylor ranks 13th with $410.8 million; Coinbase co-founder Fred Ehrsam ranks 22nd overall is $203.8 million, a figure that includes COIN shares sold by its trust as well as its fund Paradigm; Ehrsam is followed by Coinbase Chief Operating Officer Emilie Choi, who joined the company in 2018 from LinkedIn for $186.4 million. All of these sales put Coinbase at No. 7 on last year’s list of insider trading sales:

1. Amazon: $13.5 billion
2. Walmart: $4.84 billion
3. Palantir: $4.14 billion
4. Meta: $2.72 billion
5. Nvidia: $2 billion
6. Salesforce: $1.27 billion
7. Coinbase: $1.25 billion
8. Oracle: $842 million
9. Apollo: $630.6 million
10. Intuit: $593.9 million
11. MicroStrategy: $567.8 million
12. Netflix: $528.3 million