According to a new statement filed with the U.S. Securities and Exchange Commission (SEC), Goldman Sachs has increased its investments in Bitcoin by 28%. As of March 31, the Wall Street giant owned $30.8 million in shares of BlackRock's iShares Bitcoin Trust (IBIT), valued at over $1.4 billion.

This makes Goldman Sachs the largest institutional holder of IBIT. The next largest investor holds over 25 million shares worth nearly $1.4 billion. Other notable investors in IBIT include Jane Street, D.E. Shaw, and Symmetry Investments.

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