Goldman Sachs Stacks Eth, BTC – Tradingview News

After years of formulating cryptocurrencies, the American Investment Bank of Goldman Sachs admitted that it was wrong in the assets category. Not in words, but with procedures.

The investment giant, which runs approximately $ 3 trillion of customer assets, is to buy huge amounts of bitcoin btcusd And the ether ethusd ETFS. Within months, the investment bank increased its ETH by 2,000 % and increased Bitcoin ETF by 114 %.

“First, they ignore you, then laugh at you, then fight you, then win,” Goldman’s UTURN On Digital Assets.

The Crypto Biz newsletter will explore Goldman’s surrender to encryption, the rush of Japanese companies that buy Bitcoin and increase the adoption of Stablecoin this year. Despite the decrease in encryption prices so far in February, institutional adoption is clearly high.

Goldman Sachs increases exposure to encryption

According to the regulatory deposits of the US Securities and Exchange Commission, Goldman bought approximately $ 1.28 billion in ISHARES BitCOIN TRUST (IBIT) in the fourth quarter of 2024, along with $ 288 million from the Fidelity Wise Origin Bitcoin. Goldman also shows $ 3.6 million in Trust Bitcoin Trust (GBTC).

During the same quarter, Goldman increased her exposure to ETHER qualifiers from $ 22 million to $ 476 million through Blackrock’s ISHARES ETHEREM TRUST and Fidelity Ethereum.

It was the first invasion of the Investment Bank in the investment funds circulating in the second quarter of 2024, when Bitcoin bought $ 418 billion. It is possible that the company to buy the company in the fourth quarter by electing the pro -profit president, Donald Trump, who promised to turn America into a blockchain capital in the world.

Bitcoin’s bitcoin purchases from Metaplanet increases 4,800 % of shares

Bitcoin Metaplanet has witnessed an increase in stock prices since BTC added to its public budget. According to Bloomberg, the arrows listed in Tokyo increased by 4,800 % over the past 12 months. The gains coincided with the first bitcoin purchase in April 2024. As of January 28, 2025, the company acquired 1762 BTC at $ 171 million. Metaplanet plans to keep up to 21000 BTC by the end of 2026, which may make it the second largest bitcoin treasurer in the world behind Michael Celor’s strategy. The ambitious plan includes raising up to 116 billion yen, or 745 million dollars, to finance more bitcoin purchases.

Japanese Game Studio buys 1 billion yen from BTC

Metaplanet is not the only Japanese company listed in public to get Bitcoin. This week, the Tokyi Gumi Games Studio announced the allocation of 1 billion yen to BTC, equivalent to $ 6.6 million at the current exchange rate. The company intends to share the newly acquired Bitcoin on Babylon, a digital asset protocol. The company said the acquisition of BTC supports GUMI’s broader aspirations than Blockchain and Web3, which includes “expanding our wallet in knot management work.” GUMI also runs the investment capital fund in the Silicon Valley investing in Blockchain projects in the early stage.

The USDC circle wipes the market losses

The Crypto Bull market has fueled the spread of Stablecoin, with the US dollar recovery (USDC) recovered completely from the bottom of the bear market in 2023. As of February 12, the market value of USDC was higher than 56.1 billion dollars, or more than doubling 24.1 billion dollars At the bottom in November 2023. The USDC value increased by 23 % of early January. The growing market ceiling comes in USDC where Circle Stablecoin expands to other Blockchains, including SUI and Aptos. USDC is also active on Solana Blockchain.

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