PANews reported on January 4 that according to Blockworks, based on the internal stock sales of the top 60 companies in the S&P 500 index in 2024, these companies include Apple, Nvidia, Walmart, and about 500 insiders, executives, investors and other major shareholders reported that they sold a total of $36.9 billion worth of company stocks. Amazon Executive Chairman Jeff Bezos accounted for more than a third of the total ($13.4 billion).
Four crypto executives made the top 25: Coinbase CEO Brian Armstrong ranked 8th with $636 million; MicroStrategy's Michael Saylor ranked 13th with $410.8 million; Coinbase co-founder Fred Ehrsam ranked 22nd with a total of $203.8 million, a figure that includes COIN shares sold by his trust and his fund Paradigm; Following Ehrsam is Coinbase COO Emilie Choi, who joined the company from LinkedIn in 2018, with $186.4 million. All these sales put Coinbase at 7th on the list of internal transaction sales last year:
- Amazon: $13.5 billion
- Walmart: $4.84 billion
- Palantir: $4.14 billion
- Meta: $2.72 billion
- Nvidia: $2 billion
- Salesforce: $1.27 billion
- Coinbase: $1.25 billion
- Oracle: $842 million
- Apollo: $630.6 million
- Intuit: $593.9 million
- MicroStrategy: $567.8 million
- Netflix: $528.3 million