Coinbase Director Andreessen Sells $2.48M in Stock Amid Market Downturn

Coinbase director Marc Andreessen sold approximately $2.48 million in stock on September 8, 2026. The sale totaled 13,676 shares of Class A Common Stock at a weighted average price of $181.1392.

The sale prices ranged from $180.76 to $181.625 per share. Following the transactions, Andreessen indirectly beneficially owns 1,136,324 shares through the LAMA Community Trust and 2,568 shares held by AD Holdings, LLC.

Andreessen disclaims beneficial ownership of the securities held by AD Holdings, LLC, except to the extent of his pecuniary interest. The stock has declined to $172.23, down over 9% in the past week, while Coinbase's market capitalization stands at $45.6 billion.