CoinWorld News reports that Coinbase founder Brian Armstrong responded to user concerns about his ongoing sale of COIN stock on X, saying: "I have sold, but I've been an entrepreneur for 13 years. If I still put 99.999% of my net worth into a single stock, wouldn't that be crazy? So this is an inevitable choice. However, the majority of my current net assets are still in COIN, and I am very optimistic about the future. At the same time, I also used part of the proceeds to help establish more companies."

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