"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."
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.
Read at Bitcoin Magazine
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