Mexican billionaire Ricardo Salinas now has 70% of his portfolio in Bitcoin.

From Cointelegraph

March 5, 2025 12:04:43 am:

Mexican billionaire Ricardo Salinas reveals 70% of his investment portfolio is now in Bitcoin assets, up from 10% in 2020. He described Bitcoin as the “hardest asset in the world” due to its fixed supply cap. Salinas advised investors to dollar cost average and recommended buying as much BTC as possible. His net worth is $4.6 billion.

Salinas intends to make Banco Azteca, a subsidiary of his company, the first Mexican bank to accept Bitcoin. Despite regulatory hurdles, Salinas remains committed to this goal. He plans to remove Grupo Elektra from Grupo Salinas to have more control over the financial services firm. Salinas made his first Bitcoin investment at $200 after being “orange-pilled” by former Grayscale CEO Barry Silbert in 2012 or 2013.

Read more at Cointelegraph.: Mexican billionaire says he’s ‘all in’ on Bitcoin with 70% exposure