Coinbase CEO, Other Crypto Insiders Billions Richer After Seeking to Steer Elections [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
The first explored the electoral track record of Fairshake PAC's strategy and the second its intense use of a 2010 Supreme Court stance. The leaders of the companies responsible for the river of money that flooded U.S. political shores this year have already benefited tremendously from the outcome of last month's election — increasing their personal fortunes by billions of dollars, far outpacing the large spending they devoted to crypto-friendly candidates. Coinbase Inc. (COIN) CEO Brian Armstrong and his company devoted some $74 million to the industry's dominant political action committee, Fairshake, putting Armstrong in a close lead over a few other crypto insiders. That's an especially significant amount of money from a company that booked about $95 million in 2023 profits. But the elections went their way, and the company's value has ballooned by $21 billion since Nov. 4, the day before in-person voting began and the outcome became clear. In a pre-programmed series of trade
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News
- Bitcoin Prices Trade Close To $95,000 After Nearly 5% Drop [Forbes]Forbes
- If You Gifted Your Family $100 In Bitcoin, Dogecoin And Ethereum Last Christmas, Here's How Much They Would've Had This Christmas [Yahoo! Finance]Yahoo! Finance
- Crypto readies its wish list for Trump [Yahoo! Finance]Yahoo! Finance
- Yahoo Finance [Yahoo! Finance]Yahoo! Finance
- Trump policy could bring 'enormous vindication' for crypto: Expert [Yahoo! Finance Canada]Yahoo! Finance Canada
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 12/26/24 - Form 4
- 12/26/24 - Form 144
- 12/23/24 - Form 144
- COIN's page on the SEC website