This Mexican Billionaire Invested 70% of His Wealth in Bitcoin – Here’s Why!

Jakarta, Pintu News – Ricardo Salinas, a Mexican billionaire and chairman of Grupo Salinas, recently revealed to Bloomberg that 70% of his investment portfolio is allocated to Bitcoin (BTC).

Ricardo Salinas: The Mexican Billionaire Who Believes in Bitcoin (BTC)

Based on his interview, Salinas said that he is “pretty much invested” in Bitcoin, while the remaining 30% of his investments are in gold and gold miners.

“That’s it. I don’t own a single bond, and I don’t own any other shares.”

Quoting the Cointelegraph page, Salinas’s decision confirms his belief that Bitcoin and gold are the best assets in the face of global economic uncertainty.

Read also: Bitcoin Surges to $91,000 Today (March 6, 2025) – Are BTC Buyers Taking Full Control?

Salinas refuses to invest in bonds and stocks of other companies outside of his own business. He believes that only the most “hard” and inflation-resistant assets like Bitcoin and gold can preserve the value of wealth in the long run.

This unique investment philosophy of his makes him one of the main proponents of cryptocurrency in Mexico.

Bitcoin and Gold: A Powerful Investment Combination

Bitcoin is often referred to as “digital gold” due to its decentralized nature and limited number of 21 million coins. These characteristics make it a portfolio diversification tool that can mitigate risks due to the instability of fiat currencies and traditional banking systems.

Meanwhile, gold has been a hedging asset for centuries and continues to be used to protect wealth in difficult economic conditions. In the past two decades, the price of gold has quadrupled, while Bitcoin has experienced exponential growth since its introduction in 2009.

Both of these assets are considered capable of maintaining value in the long term, as Salinas believes.

Salinas Supports Cryptocurrency

Salinas is not only an investor, but also a strong supporter of Bitcoin and the concept of decentralized finance. Since 2020, he has increased the Bitcoin holdings in his portfolio from 10% to 70%.

Read also: Arthur Hayes Predicts Bitcoin Drop – Will BTC Crash to $70,000?

He actively promotes Bitcoin to his more than 2 million followers on social media X (formerly Twitter). Four years ago, he even announced plans to make Banco Azteca, part of Grupo Salinas, the first bank in Mexico to accept Bitcoin.

This move demonstrates its commitment to the cryptocurrency-based financial revolution and its confidence in Bitcoin’s future as a mainstream means of payment.

Impact of Salinas Investment on Crypto Market

Salinas’ decision to allocate a large portion of his wealth to Bitcoin is not just a personal strategy, but also reflects a global trend among investors looking to protect their capital from economic uncertainty.

The increasing popularity of Bitcoin as “digital gold” may attract more investors to follow Salinas’ lead, driving demand and a potential rise in Bitcoin price in the future.

The Mexican billionaire’s massive investment underscores the importance of having a diversified portfolio, especially in an era of economic instability.

His strategy may be adopted by other large investors, which could ultimately have a major impact on the cryptocurrency ecosystem and global financial markets.

Overall, Ricardo Salinas has shown that his belief in Bitcoin and gold is not just speculation, but a sound investment strategy to deal with inflation and economic instability.

With more and more institutional investors starting to consider cryptocurrencies as hedge assets, Salinas’ move could be a key driver of Bitcoin adoption in Mexico and the world.

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Reference:

• Cointelegraph. Mexican Billionaire Says Bitcoin Makes Up 70 Percent of His Portfolio. Accessed March 6, 2025.
• Crypto News. Mexican Billionaire Ricardo Salinas Allocates 70% of His Portfolio to Bitcoin. Accessed March 6, 2025.
• Cryptonomist. Ricardo Salinas’ Investments in Bitcoin and Gold for the Mexican Billionaire. Accessed March 6, 2025.