Mexican billionaire Salinas says it has 70 % of bitcoin exposure
Bitcoin Magazine
Mexican billionaire Salinas says he has 70 % of bitcoin exposure
Ricardo SalinasIn an interview with him recently, the billionaire owner of Grupo Salinas revealed that he had allocated 70 % of his investment portfolio to Bitcoin assets and bitcoin related assets.
Bitcoin’s prominent lawyer revealed that the remaining 30 % of his wallet consists of gold and stocks in his private companies. Release“I have no single bond, and I have no other shares except my country.”
Salinas, whose clear wealth reaches It is estimated at $ 4.8 billionHe greatly increased his exposure from Bitcoin from 10 % in 2020. The billionaire was a billionaire supporter of Bitcoin, and he intends to make his bank, Panco Azteka, the first in Mexico accepted it.
The revelation comes at a time when Salinas aims to delete his leading company, Groupo ElectraFrom public markets. He says that this step will be free from shareholders and allow him to manage business as he wishes.
Salinas has faced turbulent times recently, as the Grupo Elektra share price decreased 70 % last year Wheat is approximately $ 5 billion from his wealth. It is still closed in legal battles with the Mexican government due to the alleged irregular taxes.
However, the moon remains challenging, saying: “Despite all the problems in Mexico, our business works well. Now I am free to do something.”
Despite the legal battles and political uncertainty, Salinas is still committed to bitcoin as a basic corner for its financial strategy. He has emerged as one of the most supporters of Bitcoin in Latin America.
SALINAS voice support increases the health of Bitcoin as a long -term store. If his bets pays off, the billionaire can enhance his legacy as one of the first companies in Bitcoin.
This post Mexican billionaire Salinas says he has 70 % of bitcoin exposure The first time appeared on Bitcoin Magazine He writes him Vivic Sein Bitcoin.