- Goldman Sachs tops Bitcoin ETF race with $1.44B stake, claiming 28% of total shares.
- Saylor teases fresh Bitcoin buys as MicroStrategy’s stash grows past 555K BTC.
- Bitcoin eyes $140K–$180K targets, sitting just $500 shy of a major technical breakout.
Goldman Sachs has emerged as a leading institutional participant in the Bitcoin ETF market. Newly released data confirms the banking giant now holds a position valued at over $1.4 billion.
Goldman Sachs Leads Bitcoin ETF Institutional Surge
Goldman Sachs has disclosed a substantial stake in spot Bitcoin ETFs, totaling 30,831,854 shares worth approximately $1.44 billion. In a post by Blockchain Venturez, the firm’s position represents 28.05% of disclosed ETF holdings, cementing its role as a dominant institutional holder.
Alongside Goldman, Brevan Howard Capital Management LP holds $1.38 billion in exposure, followed by Susquehanna International Group and Jane Street Group with mixed call and put option allocations exceeding $2.3 billion. These investments reflect coordinated entry points across asset managers and hedge funds, including Symmetry Investments, D.E. Shaw, and Tudor Investment Corp, with positions between $400 million and $700 million.
Structure and Allocation Reflect Aggressive Strategy
Current shifts in investor sentiment highlight a new narrative around institutional risk tolerance. As reported by Blockchain Venturez, Jane Street Group alone acquired over 36 million shares across call and put options, representing more than $2.3 billion in exposure.
The allocation breakdown suggests a multi-directional approach, balancing long positions with derivative strategies that reflect high-leverage conviction in near-term price action. Susquehanna also added nearly $1.2 billion in options positions, showing coordinated options market exposure among top market makers. BlackRock, DRW Securities, and Farallon Capital entered with smaller allocations, adding $270 million to $400 million in strategic reserves.
MicroStrategy Expands Bitcoin Holdings Past 555K BTC
Parallel trends are beginning to influence strategic decisions across listed firms. MicroStrategy has raised its total Bitcoin holdings to 555,450 BTC, valued at over $58 billion, with an unrealized profit of $20.1 billion. Michael Saylor’s tracker shows purchase clusters from $20,000 to above $100,000, with recent activity aligning with Bitcoin’s current trading price of $104,687.
In a recent post, Saylor noted that “connect the dots” hints at potential future purchases, fueling speculation that MicroStrategy might expand its Bitcoin reserves soon. According to him, the company’s DCA sits at $68,569, while NAV per share is listed at $229.39, well below its market share price of $416.03. The firm holds 253.76 million shares, with its NAV premium standing at 1.95x, underscoring strong investor confidence in its long-term Bitcoin thesis.
Bitcoin Approaches Breakout as Technical Patterns Repeat
Rekt Capital’s latest technical update places Bitcoin just $500 away from a confirmed breakout into a new price discovery phase. The chart shows BTC holding support near $90,000 after rebounding from multiple consolidation zones between $60,000 and $70,000.
BTC price action since 2023 illustrates a repeated breakout-retest cycle, with higher lows maintaining upward structure. According to Rekt Capital, potential upside targets now range from $140,000 to $180,000, based on historical resistance-flipping patterns and expanding institutional inflows.
