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Mexican Billionaire Ricardo Salinas Allocates 70% of His Wealth to Bitcoin

  • Mexican billionaire Ricardo Salinas has allocated 70% of his liquid portfolio to Bitcoin and Bitcoin-related assets.
  • Salinas believes in the ability of cryptocurrency to protect against economic challenges and focuses on 'hardest assets' like Bitcoin and gold.
  • Salinas aims to make Banco Azteca the first Mexican bank to accept Bitcoin.
  • Grupo Elektra, a company owned by Salinas, has been delisted from the public markets, and Salinas faces legal battles with the Mexican government over unpaid tax payments.

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