Coinbase CEO Says Crypto Exchange Is ‘Misunderstood’

Baystreet
2026.02.20 14:37
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Coinbase CEO Brian Armstrong claims the cryptocurrency exchange is "misunderstood" by investors, citing Wall Street's underestimation of the company amid a 30% stock decline this year. He argues that traditional finance views digital assets as a threat, similar to past disruptions by companies like Uber and Airbnb. Critics on social media questioned his credibility, pointing out his stock sales totaling $550 million between April 2025 and January 2026. Armstrong maintains that Coinbase shares are undervalued, currently trading at $165.94, down 52% over five years.