Mexican Billionaire Ricardo Salinas: 70% of My Liquid Portfolio is in Bitcoin

Bitcoin and Financial Freedom Ricardo Salinas, one of Mexico's wealthiest individuals, continues to voice his strong support for Bitcoin despite recent market volatility.
The billionaire investor views the cryptocurrency as a strategic hedge against inflation and a vital tool for achieving financial freedom.
In a statement regarding his investment strategy, Salinas revealed that he holds 70% of his liquid portfolio in Bitcoin.
This represents a significant increase from 2020, when his allocation was approximately 10%.
The remaining 30% of his liquid assets are reportedly invested in gold and shares of gold mining companies.
Criticism of Fiat Currencies Known for his critiques of the traditional financial system, Salinas has described fiat currencies as a "fraud." He argues that Bitcoin's decentralized nature provides the most effective protection against unfair asset seizures and inflationary pressures.
For those looking to preserve their purchasing power, Salinas points to cryptocurrency as the primary solution.
With a net worth estimated at approximately $4.9 billion, Salinas remains one of the most prominent Bitcoin advocates in Latin America.
Institutional Accumulation Continues While individual investors like Salinas maintain their positions, institutional accumulation of Bitcoin also shows no signs of slowing down.
MicroStrategy, led by Michael Saylor, recently announced the purchase of an additional 592 Bitcoin for approximately $39.8 million.
Following this latest acquisition, the company's total reserves have reached 717,722 Bitcoin, acquired at an average cost of $76,020 per coin.
The actions of both Salinas and major corporations suggest that long-term investors remain unfazed by short-term price fluctuations in the market.