NEWSLETTER
Ricardo Salinas, the billionaire owner of the Mexican conglomerate Grupo Salinas, revealed in a recent interview that has assigned 70% of its investment portfolio to assets related to bitcoin and bitcoin.
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The outstanding defender of bitcoin revealed that the remaining 30% of his portfolio consists of gold and shares in his own companies. <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-03-04/ricardo-salinas-pliego-on-elektra-delisting-bitcoin-mexico-tariffs” target=”_blank” rel=”noopener”>Said“I don't have a single bonus, and I don't have other actions, except mine.”
Salinas, whose net assets is estimated at $ 4.8 billionHe has significantly increased his 10% bitcoin exposure in 2020. The billionaire has been a vocal defender of bitcoin, and plans to make his bank, Banco Azteca, the first in Mexico to accept it.
Revelation occurs when Salinas aims to eliminate its bad signature, Elektra Groupof public markets. He says that this movement will release him from shareholders and allow him to manage the business as he wishes.
Salinas has faced recent turbulent times, with the price of Grupo Elektra display 70% last year and eliminating almost $ 5 billion of his fortune. It remains locked in legal battles with the Mexican government for alleged unpaid taxes.
However, the tycoon is still challenging, stating: “Despite all the problems in Mexico, our businesses are fine. Now I am free to do my thing. “
Despite legal battles and political uncertainty, Salinas remains committed to bitcoin as a central pillar of its financial strategy. It has become one of the most influential bitcoin defenders in Latin America.
Salinas's vocal support validates bitcoin's prospects as a long -term value store. If your bet is worth it, the billionaire could consolidate its legacy as one of the first bitcoin corporate champions.
