Goldman Sachs CEO David Solomon discussed his ownership of Bitcoin., 2026/02/19 10:20:04

7

Goldman Sachs CEO David Solomon discusses Bitcoin ownership0

The CEO of Goldman Sachs, one of the largest investment banks on Wall Street, David Solomon, shared at the World Liberty Forum in Florida that he possesses a small amount of Bitcoin.

He did not disclose the investment amount or the duration of ownership, only mentioning that it involves a “very limited” quantity of coins. Solomon described himself as an observer who monitors the evolution of the cryptocurrency market and its intersection with the traditional financial sector.

Despite the limited personal investments of the bank’s leader, Goldman Sachs has allocated substantial resources to cryptocurrency exchange-traded funds (ETFs). By the end of 2025, the bank had invested over $1 billion in the iShares Bitcoin Trust from BlackRock, as well as approximately $260 million in cryptocurrency-related ETFs for Solana and XRP.

Solomon indicated that the bank exercises caution regarding digital assets, yet views them as an integral part of the financial system. He stated that banks and crypto companies are not adversaries, although differences may arise between them.

He also addressed the topic of cryptocurrency regulation. According to Solomon, in the five years leading up to Donald Trump’s administration, the regulation of the crypto industry in the U.S. was excessively burdensome. Following Trump’s return to power, the regulatory environment became more favorable for cryptocurrencies, which he believes contributed to Bitcoin’s growth.

Currently, the leading cryptocurrency is experiencing stagnation, trading around the $67,000 mark—nearly 50% lower than its all-time high of $126,000 reached in October of the previous year.

Previously, Solomon had expressed more skepticism regarding cryptocurrencies. In 2025, he referred to Bitcoin as a speculative asset that does not pose a threat to the U.S. dollar, even if it reaches new price records.