Mexican tycoon Ricardo Salinas “Considering converting portfolio 100% to BTC”

Fierce advocate of Bitcoin Pliego (Source: Decrypt)

Ricardo Salinas Pliego, a Mexican billionaire and ranked as the 3rd richest, is reportedly considering investing his entire assets in Bitcoin. According to Cointelegraph X, he stated that 70% of his current portfolio is Bitcoin, with the rest in Gold, and reiterated his trust in BTC.

Salinas is one of the leading Bitcoin advocates in the cryptocurrency market, consistently emphasizing the value of Bitcoin as a means of hedging inflation and distrust of the existing financial system. In particular, he has previously stated in an interview that “Bitcoin is the only means to protect personal assets from the irresponsible monetary policies of central banks.”

This statement is interpreted as a sign that portfolio strategies centered around Bitcoin are gradually entering the mainstream even among global asset owners. The full conversion to BTC by Salinas could have symbolic repercussions in the future cryptocurrency market.