The financial arm of DVP Holding. Multi-asset portfolio of 1M€+ — own capital (~712K€) and Amundi leverage (~295K€). Equities, crypto, bonds, commodities, indices.
1M€+
Total portfolio
~712K€
Own capital
~295K€
Amundi leverage
+50%
Annualized IRR
From 300K€ to 1M€ in 8 months.
122 trades. Equities, crypto, gold, bonds, indices. A portfolio built position by position, with aggressive profit-taking and acknowledged mistakes.
Launch — 300K€
Initial deposit of 300,000€. Portfolio built in 48h: 2 BTC, VISA, Philip Morris, Ethereum, gold, bonds, Amundi MSCI World and Emerging Markets ETFs.
First rebalancing
Massive sell-off of the Amundi MSCI World ETF (113K€) and government bonds. Building equity positions: NVIDIA, Apple, Google, Defiance Quantum. Sold 1.8 BTC for 179K€ — massive profit-taking on Bitcoin.
Commodities diversification
Entry into gold (XAUUSD) and silver (Silver Futures). Active commodities trading. Full exit from Ethereum. Added Oracle and Broadcom. Positions in Solana and First Solar.
Injection + margin — portfolio crosses 1M€
Deposit of 178K€ + opening of an Amundi margin account (295K€ at 50% leverage). Massive buys: NVIDIA, Bitcoin, TotalEnergies, Thales, Rheinmetall, ASML, Micron. Portfolio crosses 1M€ on January 13.
All-time high — 1,040K€
Portfolio reaches 1,040,015€. 18 days above one million in January.
Correction and restructuring
Drawdown of -7.4% (1,040K€ → 963K€). Tactical sales: Rheinmetall (+6K€), Apple (+19K€), First Solar (-13K€), Solana (-4K€). Cleaning out losing positions.
Stabilization — 1,006K€
Portfolio stabilizes above one million. 21% in cash, ready for the next opportunities.
Portfolio evolution — 2026
300K€
Initial deposit (May 2025)
472K€
Total deposited
1,040K€
All-time high
+122K€
Net gains
The money comes from the other companies.
GLT BTC isn't a personal portfolio. The invested funds come from subsidiary results, moved up to DVP Holding through cash pooling, then reallocated to GLT BTC for investment.
Capital flows — Cash pooling
DVP Holding OU
Centralization of profits through cash pooling
GLT BTC
Reallocation into multi-asset investment
Return to the group
Capital gains are reinvested in subsidiaries or kept as cash reserves
No tax on reinvestment
In Estonia, reinvested profits are not taxed. Cash pooling allows moving profits into investment without tax friction.
Centralized treasury
DVP Holding centralizes the group's liquidity. GLT BTC puts it to work instead of leaving it idle in a current account.
Funding loop
GLT BTC returns can refinance subsidiaries — VMCloud was partially funded by portfolio capital gains.
295K€ in leverage. Here's how it works.
On January 4, 2026, a collateralized margin account was set up with Amundi. The main portfolio (589K€ at that date) serves as collateral.
Contract terms — January 4, 2026
Collateral account (guarantee)
GLTBTCprime OU — value 589,269€ as of Jan 4
Margin granted
50% = 294,634.50€
Partner
Amundi
Usage
Investment only through the platform. No cash withdrawals.
Closure
Amundi recovers 294,634.50€ + 8% of net profits realized on the margin account
Default clause
Amundi is authorized to recover funds through offsetting / deduction from the main account and/or liquidation of positions
Current margin account value
240,139€ (out of 294,635€ deposited)
Main positions (margin)
Micron 50%, Alphabet 12%, Bitcoin 12%, TotalEnergies 11%, ASML 9%, Thales 5%
Portfolio breakdown.
Allocation by asset class
The 8 largest positions.
Micron Technology
MU · 12.0% of the portfolio
120K€
+20K€
NVIDIA
NVDA · 9.7% of the portfolio
97K€
+574€
TotalEnergies
TTE · 8.8% of the portfolio
89K€
+25K€
Alphabet (Google)
GOOG · 7.3% of the portfolio
74K€
-4.6K€
Bitcoin
BTC · 5.9% of the portfolio
60K€
+24K€
Defiance Quantum
QTUM · 4.1% of the portfolio
42K€
+1.7K€
S&P 500
^GSPC · 3.6% of the portfolio
36K€
-1.4K€
Gold
Gold · 3.0% of the portfolio
30K€
+809€
Winners and losers.
Return by position (TTWROR)
Value decomposition
What the data shows.
Tech + energy concentration
The 3 largest positions (Micron, NVIDIA, TotalEnergies) represent 30% of the portfolio. A deliberate bet on semiconductors and energy.
Bitcoin as a strategic position
Multiple BTC buys and sells — 2 BTC purchased at launch, 1.8 sold for 179K€ in profit, then bought back. Total return +105%. The most profitable position in the portfolio.
Quick loss cutting
Solana (-32%), First Solar (-27%), Ethereum (-27%) — all liquidated. Losing positions are cut, not held out of hope. The realized portfolio shows +60K€ in gains vs acknowledged losses.
Significant cash position (21%)
209K€ in cash — not inaction, it's dry powder. After the February-March correction, the portfolio is positioned to seize the next opportunities.
Structure
Under DVP Holding OU
Estonia
100% Gaylor Loche
Group role
Internal financial management
Reinvestment of profits
No public website
Data
As of April 6, 2026
Source: GLTBTCprime OU accounts
122 trades since May 2025