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Goldman Sachs CEO David Solomon Says He Owns a Small Amount of Bitcoin
David Solomon, chief executive of Goldman Sachs, disclosed for the first time that he personally owns bitcoin, though he described the holding as “very little.” He made the remarks during an appearance at the World Liberty Financial Forum in Mar a Lago, Florida.
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David Solomon, chief executive of Goldman Sachs, disclosed for the first time that he personally owns bitcoin, though he described the holding as “very little.” He made the remarks during an appearance at the World Liberty Financial Forum in Mar a Lago, Florida.
Solomon said he is still evaluating how bitcoin behaves as an asset, reiterating that he does not consider himself a strong forecaster of its price trajectory. In previous interviews, he characterized bitcoin as a speculative investment but acknowledged it could potentially serve as a store of value.
Goldman Sachs’ Crypto Position Gradually Shifts
While Solomon confirmed his personal exposure, he previously stated that Goldman Sachs was restricted from directly owning or principal investing in cryptocurrencies. He indicated that regulatory developments have only recently begun to alter aspects of that landscape.
The forum was linked to World Liberty Financial, a decentralized finance and stablecoin venture backed by Donald Trump and his family. The event reflects a broader shift in U.S. policy, including the passage of the GENIUS Act, aimed at establishing a federal framework for stablecoins.
Goldman Sachs also reduced its spot bitcoin and ether ETF holdings by roughly 40% in the most recent quarter, signaling a cautious institutional approach even as interest in digital assets expands.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.
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