Mexican billionaire Ricardo Salinas has allocated 70% of his portfolio to Bitcoin and Bitcoin-related assets.
Salinas, the chairman of Grupo Salinas, has restructured his investment strategy, focusing primarily on Bitcoin, gold, and stakes in gold mining companies.
His move reflects growing confidence in Bitcoin's role as a major asset class and signals a broader trend among wealthy investors seeking alternatives to traditional financial instruments.
Bitcoin is currently trading at $89,480, with a 7.56% increase in the past day and a 2.16% increase over the past week.