Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

Ricardo Salinas, the founder and chairman of Grupo Salinas, has significantly increased his exposure to Bitcoin, now allocating 70% of his investment portfolio to the cryptocurrency and related assets—up from just 10% in 2020. In an interview with Bloomberg on March 4, Salinas stated he is "pretty much all in" on Bitcoin, with the remaining 30% of his holdings dedicated to gold and gold mining stocks. "That’s it. I don’t have a single bo...

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