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Coinbase CEO Dumps Bitcoin Reserve Strategy—’Too Risky’ for Exchange Giant
Coinbase CEO Dumps Bitcoin Reserve Strategy—’Too Risky’ for Exchange Giant
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Coinbase just swerved the Bitcoin reserve playbook—and CEO Brian Armstrong isn’t apologizing. The crypto exchange heavyweight deemed the strategy ’too risky,’ opting for stability over maximalist dogma. Smart move or cowardly pivot? Wall Street’s already placing bets.
Armstrong’s call exposes the tightrope walk of publicly traded crypto firms: appease regulators or appease degens? Meanwhile, Bitcoiners scream betrayal. But let’s be real—since when did a C-suite exec last risk their stock options for ideology? (Spoiler: Never.)
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