News with the tag "Ricardo Salinas"

According to a Bloomberg report published on March 4, Mexican billionaire Ricardo Salinas has up to 70% exposure to Bitcoin (BTC) and related investments. The Bloomberg Billionaires Index estimates Salinas’ current net worth at approximately $5.8 billion. Salinas’ High Bitcoin Exposure BTC continues...

Bitcoin Magazine Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure Ricardo Salinas , the billionaire owner of Mexican conglomerate Grupo Salinas, revealed in a recent interview that he has allocated 70% of his investment portfolio to bitcoin and bitcoin-related assets. JUST IN: Me...

Ricardo Salinas, an outspoken Mexican billionaire, has revealed that his investment portfolio is mostly allocated to bitcoin (BTC), gold and shares in his companies. The Mexican billionaire, whose net worth is estimated to be around $5.8 billion, is a known BTC proponent who on numerous occasions sh...

Mexico’s third-largest billionaire is celebrating the momentum that bitcoin and the entire cryptocurrency market are experiencing following President-Elect Donald Trump’s victory in the recent elections. Ricardo Salinas Pliego, owner of companies such as Grupo Elektra, Banco Azteca, and TV Azteca, t...

Ricardo Salinas Pliego, the Chairman of the Salinas group and the third richest man in Mexico has strongly endorsed Bitcoin, advocating for investors to purchase the pioneer cryptocurrency. The Mexican billionaire has underscored the need to hold Bitcoin as a hedge against the devaluation of fiat cu...

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas advises purchasing Bitcoin, Cardano partners with an Argentine province, and Argentina launches a VASP registry. Mexican Billiona...

Ricardo Salinas Pliego, one of the wealthiest billionaires in Mexico, has urged his followers to purchase Bitcoin as a hedge against the devaluation of fiat currencies. Salinas Pliego recommended purchasing bitcoin in response to a social media post reporting on the fall of the value of the Nigerian...

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans financial institutions...

Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You have to know how to invest and be patient, not get scared w...

Mexican billionaire Ricardo Salinas sees bitcoin as a way to protect against inflation tax because the cryptocurrency cannot be debased. “People’s savings are being taken from them without their permission, without their knowledge,” he stressed, adding that “everybody would benefit from understandin...