Stock Sales By Top Cryptocurrency Executives In 2024

Key Points:

• Coinbase and MicroStrategy executives lead the list of top Stock Sales in 2024, with major sales by Brian Armstrong and Michael Saylor.
• Stock Sales in the crypto sector are making waves, with Coinbase executives among the largest sellers in 2024.

Crypto execs top 2024 Stock Sales list, with Coinbase and MicroStrategy leaders among the biggest sellers, reporting millions in stock sales.

Coinbase and MicroStrategy Lead Stock Sales in 2024

The biggest headlines for insider stock sales in 2024 come courtesy of Coinbase and MicroStrategy executives. Brian Armstrong of Coinbase sold $636 million in shares, ranking him eighth among all insiders. Fellow crypto big shot Michael Saylor of MicroStrategy was not that far behind, moving $410.8 million for 13th place. These enormous stock sales put both companies at the top in insider trading activities as an indication of the ongoing influence and financial power that these executives maintain in the crypto world.

Additionally, other major sales from Coinbase executives include Fred Ehrsam and Emilie Choi. Ehrsam, the co-founder of Coinbase, sold $203.8 million, while the COO Emilie Choi offloaded $186.4 million in stock. These put Coinbase at the top for insider sales above Amazon and Walmart. With crypto markets continuing to balloon, the stock sales by Coinbase and MicroStrategy executives reflect increasing financial capital created from the burgeoning market, according to Blockworks.

Read more: GraniteShares Crypto ETFs Target U.S. Crypto-Related Stocks

Crypto Market Set for More Stock Sales in 2024

The stock sales data of 2024 also illustrate how crypto insiders cash in on the strength of the market. Besides leaders from Coinbase, Saylor’s MicroStrategy ranks very high, with a total of $567.8 million in stock sales. This shows very well the trend in which crypto executives take advantage of good market conditions to sell large parts of their company shares. These sales put them in the same league in terms of insider selling as other major corporations, including Meta and Nvidia.

Heavy stock sales from the heads of crypto companies are likely to continue well into the future. With Saylor’s aggressive Bitcoin game, more sales are likely from MicroStrategy in the coming months, outpacing Coinbase. A continuing wave of stock sales by these crypto firms shows just how high the stakes are in the financial ecosystem of this industry.