Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Tim Draper Predicts $250K Bitcoin by Year’s End

    Tim Draper Predicts Bitcoin Could Hit $250K This Year

    K Wave Media Stock Surges Following Bitcoin Acquisition Plan

    K Wave Media Boosts Bitcoin Reserves, Shares Surge 130%

    K Wave Media Plans Bitcoin Acquisition, Stock Surges 130%

    K Wave Media’s Stock Soars Amid Bitcoin Investment Plan

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    SEC Delays Decision on Canary’s Litecoin ETF Proposal

    SEC Delays Decision on Canary Spot Litecoin ETF

    SEC Postpones Decision on Canary’s Litecoin ETF Proposal

    SEC Postpones Decision on Canary Spot SUI ETF

    Cardano CEO Meets Franklin Templeton on Blockchain Strategy

    Dogecoin’s Bearish Pattern Indicates Upcoming 15% Price Drop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Ricardo Salinas Allocates 70% Portfolio to Bitcoin

Solomon M. by Solomon M.
May 31, 2025
in Bitcoin News
Key Points:
  • Ricardo Salinas invests heavily in Bitcoin.
  • Allocates 70% of his portfolio to BTC.
  • Promotes Bitcoin over real estate investments.
ricardo-salinas-allocates-70-portfolio-to-bitcoin
Ricardo Salinas Allocates 70% Portfolio to Bitcoin

Ricardo Salinas Pliego, Mexico’s third-richest individual, has publicly disclosed he now allocates 70% of his investment portfolio to Bitcoin, according to his statements on X and recent interviews.

The substantial investment by Ricardo Salinas reflects Bitcoin’s growing acceptance as a store of value and its potential for wider institutional adoption. Market reactions have been muted without immediate regulatory responses.

Ricardo Salinas Pliego’s recent disclosures signal a robust endorsement of Bitcoin. With 70% of his portfolio in BTC, it marks a strategic shift away from traditional assets like real estate, emphasizing Bitcoin’s perceived reliability.

Salinas, owner of Grupo Salinas, has historically supported Bitcoin. By March 2025, 70% of his holdings were in Bitcoin, diverging from traditional investments, marking a significant step in cryptocurrency endorsement by wealthy individuals.

The decision impacts the perception of Bitcoin stability as a major asset. Public endorsements from high-net-worth individuals often boost market confidence, even without direct data confirming market shifts.

While Mexican regulatory bodies have not commented, Salinas’s endorsement aligns with global trends of viewing Bitcoin as a valuable portfolio component, particularly in economically unstable regions.

The high-profile investment underscores confidence in Bitcoin’s potential. It positions the cryptocurrency as a hedge against traditional investments, prompting discussions within financial circles on cryptocurrency viability.

The move by Ricardo Salinas could encourage institutional and high-net-worth individuals to further explore Bitcoin. It mirrors similar corporate strategies, reinforcing Bitcoin’s position as a significant financial asset in evolving investment landscapes.

Ricardo Salinas Pliego, Owner, Grupo Salinas, “Invertir en BIENES RAÍCES es una PÉSIMA INVERSION!!!… mejor inviertan en #Bitcoin.” — source
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Stolen Cetus Funds Secured in Multi-Sig Wallet

Next Post

Cardano Faces Market Uncertainty Over Key Support Levels

Solomon M.

Solomon M.

Related Posts

Tim Draper Predicts $250K Bitcoin by Year’s End

by Solomon M.
June 5, 2025

Tim Draper forecasts Bitcoin hitting $250,000 in 2025, challenging fiat dominance.

Tim Draper Predicts Bitcoin Could Hit $250K This Year

by Solomon M.
June 5, 2025

Venture capitalist Tim Draper forecasts Bitcoin's rise to $250K, impacting market expectations.

K Wave Media Stock Surges Following Bitcoin Acquisition Plan

by Solomon M.
June 5, 2025

Nasdaq-listed K Wave Media's shares soar 130% after announcing a new Bitcoin acquisition strategy.

K Wave Media Boosts Bitcoin Reserves, Shares Surge 130%

by Solomon M.
June 5, 2025

K Wave Media announces a $500M Bitcoin acquisition; shares rise on strategy shift.

K Wave Media Plans Bitcoin Acquisition, Stock Surges 130%

by Solomon M.
June 5, 2025

K Wave Media's Bitcoin acquisition strategy leads to a stock surge of 130% on Nasdaq.

K Wave Media’s Stock Soars Amid Bitcoin Investment Plan

by Joshua T.
June 5, 2025

South Korea's K Wave Media's shares skyrocket after announcing a major Bitcoin acquisition strategy.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.