### Ricardo Salinas Pliego: A Bitcoin Enthusiast
Ricardo Salinas Pliego, a prominent Mexican billionaire and the visionary behind the corporate giant Grupo Salinas, has recently shared some exciting news about his investment strategy. A significant portion of his liquid portfolio is now dedicated to Bitcoin (BTC) and BTC-related assets. With a remarkable net worth of $5.8 billion, Salinas ranks as the third-richest individual in Mexico and is among the top 200 wealthiest people globally.
### A Case For Bitcoin In A Portfolio
Despite the recent fluctuations in Bitcoin’s price, Salinas remains incredibly optimistic about the leading cryptocurrency. In a conversation with Bloomberg, he disclosed that a staggering 70% of his liquid investment portfolio is allocated to Bitcoin. The remaining 30% is primarily invested in gold, shares of gold mining companies, and his own business ventures. “I’ve got about 70% in Bitcoin-related exposure and 30% in gold and gold miners,” Salinas humorously noted. “I don’t hold any bonds or stocks other than my own.” This 70% allocation marks a significant increase from 2020, when he initially revealed that only 10% of his portfolio was in Bitcoin, emphasizing that the asset serves as a safeguard against government expropriation. His growing investment in Bitcoin underscores his rising confidence in it as a dependable asset for preserving wealth.
### Salinas And Bitcoin: A Likely Match
Salinas has been a vocal advocate for Bitcoin for quite some time. Back in October 2020, the cloud computing expert turned Bitcoin enthusiast shared a list of book recommendations, including “The Bitcoin Standard” by economist Saifedean Ammous. Shortly thereafter, he openly acknowledged his Bitcoin holdings. As he delved deeper into the world of Bitcoin, he even updated his Twitter bio to reflect his support for the largest cryptocurrency by market capitalization. Since then, Salinas has frequently discussed Bitcoin on social media, encouraging his followers on Twitter (now known as X) in a New Year message in December 2021 to steer clear of fiat currencies and invest in Bitcoin instead.
Recently, Bitcoin’s price surged to an impressive $94,770 following an announcement from Trump regarding a United States crypto strategic reserve. However, it dipped below $82,000 earlier today as President Trump’s 25% tariffs on Mexico and Canada came into effect. As of the latest update, the leading cryptocurrency has bounced back to $89,742.
