Goldman Sachs, the $3.14 trillion financial institution, has increased its Bitcoin holdings by acquiring $194 million worth of Bitcoin through ETFs in the second quarter of 2025. This purchase raised Goldman Sachs' total Bitcoin holdings to approximately $470 million. The move reflects a broader institutional trend, with 28 companies collectively buying $15.9 billion worth of Bitcoin over two months, surpassing a full year of new Bitcoin supply. According to Bitwise data, institutions have purchased 690,710 Bitcoins so far in 2025, significantly outpacing the 109,072 Bitcoins mined during the same period, indicating demand that is six times higher than supply.