In line with a Type 4 submitting with the U.S. Securities and Trade Fee, Ehrsam – by way of Paradigm, the enterprise capital agency he co-founded – bought greater than 706,000 shares of Coinbase on Might 13 at a mean value of about $70 every, or almost $50 million price. He then adopted that up on Might 17 with the acquisition of one other 385,000 shares at a mean value of roughly $65 every, or about $25 million price.
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