Mexican billionaire Ricardo Salinas has allocated 70% of his portfolio to Bitcoin-related assets while the remaining 30% is invested in gold.
Salinas, the chairman of Grupo Salinas, has been a vocal advocate for Bitcoin and cryptocurrency, demonstrating his belief in their potential as a store of value and hedge against inflation.
Salinas's investment strategy could legitimize Bitcoin as an asset class among institutional investors and high-net-worth individuals.
In addition to his investments, Salinas has been closely watching Mexico's trade negotiations with the US and praised the Mexican President Claudia Sheinbaum's efforts to deal with Donald Trump's tariff plans.