Coinbase founder responds to selling COIN: I can't possibly keep 99.999% of my assets in one stock

Coinbase founder Brian Armstrong responded to users' questions about his ongoing sale of COIN stock on X, stating: "I did sell, but after 13 years of entrepreneurship, wouldn't it be crazy to have 99.999% of my net worth in one stock? So it was an inevitable choice. However, the vast majority of my net worth is still in COIN, and I am very optimistic about the future. At the same time, I have also used part of the proceeds to help establish more companies."