Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure
Briefly

Ricardo Salinas, billionaire owner of Grupo Salinas, revealed in an interview that he now allocates 70% of his investments to bitcoin. Previously, this figure was 10% in 2020. His remaining 30% includes gold and his own company's shares. Salinas plans to make Banco Azteca the first Mexican bank to accept bitcoin, emphasizing his commitment despite facing legal issues and a significant decline in Grupo Elektra's share price. He aims to delist Grupo Elektra to run his business independently and insists that his enterprises are performing well amid challenges.
I don't have a single bond, and I don't have any other stocks except my own.
Despite all the problems in Mexico, our businesses are doing well. Now I'm free to do my thing.
Read at Bitcoin Magazine
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