Mexican billionaire Ricardo Salinas has revealed that 70% of their investment portfolio has been allocated to Bitcoin -related assets.
According to one Salinas, the remaining 30% of gold and gold mining are invested in shares of companies. Interview With Bloomberg.
Celinas, who serve as the chairman of Globo Salinas – a group with telecommunications, media, financial services and retailing interests – emphasized their priority for these “most difficult wealth” during interviews.
Salinas’s investment strategy is particularly unconventional, as it avoids traditional assets like bonds and external company shares.
He said, “I don’t have a single bond, and I have no other stock but myself.” This approach underlines his commitment to the assets that he considers more strong and reliable.
Salina’s BTC love
A long -time lawyer for bitcoin (BTC), Salinas, has greatly increased its risk for cryptocurrency over the years. In 2020, he revealed that his 10% liquid portfolio was invested in bitcoin, a figure that increased by 70%.
Beyond its individual investments, Salinas has actively promoted the concept of decentralized finance on bitcoin and social media platforms, where he has followed over 2 million on X.
His advocacy extends to his business undertakings; Four years ago, that Announced Plan to make Banco Azteka, part of Group Salinas, the first bank in Mexico to accept bitcoin.
Salinas’s investment philosophy aligns with their comprehensive economic views, especially their doubts towards fiat currencies and traditional financial systems.
By focusing on bitcoin and gold, he wants to defend against potential currency devaluation and economic instability. Their strategy reflects a belief in the permanent value of rare assets that are not subject to centralized control.
