Mexican billionaire Ricardo Salinas – who has an estimated net worth of $5.8 billion – has significantly increased his investment in Bitcoin, now allocating approximately 70% of his liquid portfolio to the cryptocurrency.

In a recent interview, Salinas stated, “I’ve got about 70% in Bitcoin-related exposure and 30% in gold and gold miners,” highlighting his strategic focus on these assets.

This marks a substantial increase from 2020, when he disclosed that 10% of his liquid portfolio was invested in Bitcoin.

Salinas, known for his critical view of fiat currencies, has previously referred to them as “a fraud” and emphasized Bitcoin’s potential as a hedge against currency devaluation. ​

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