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

    Ricardo Salinas Allocates 80% Portfolio to Bitcoin

    Bitcoin Insurance Firm Reports $220 Million BTC Treasury

    Michael Saylor Forecasts 30% Bitcoin Growth

    Michael Saylor Predicts 30% Annual Return for Bitcoin

    Metaplanet Stock Surges Amid Bitcoin Acquisition Strategy

    Metaplanet’s Bold Bitcoin Move Surpasses McDonald’s Japan

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

    Shiba Inu Futures Face $383K Liquidation Impact

    Ripple and Web3 Salon Collaborate to Advance Blockchain in Asia

    Binance.US Teases HYPE Listing Amid Community Reactions

    Binance.US to List Hyperliquid’s HYPE Amidst Industry Attention

    Binance U.S. Signals Hyperliquid (HYPE) Listing Soon

    Worldcoin to Launch in London on June 12

    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 80% Portfolio to Bitcoin

Solomon M. by Solomon M.
June 9, 2025
in Bitcoin News
Key Points:
  • Ricardo Salinas increases Bitcoin portfolio to 80%.
  • Major Bitcoin advocate in Mexico.
  • Potential impact on Bitcoin market sentiment.
ricardo-salinas-allocates-80-portfolio-to-bitcoin
Ricardo Salinas Allocates 80% Portfolio to Bitcoin

Mexico’s third richest man, Ricardo Salinas, considers converting full portfolio to Bitcoin.

Overview

Ricardo Salinas Bitcoin investment

Ricardo Salinas Pliego, Mexico’s third-richest individual, now has 80% of his personal investment portfolio allocated to Bitcoin, highlighting his continued commitment to the cryptocurrency.

The significant allocation by such a prominent figure emphasizes the increasing acceptance of Bitcoin as a mainstream investment. Immediate market responses are unclear, but it underlines a strong bullish sentiment among some investors.

Implications

Ricardo Salinas, a key figure in Mexican finance, has increased his Bitcoin allocation significantly. With a history of supporting Bitcoin, he now states a potential move to entirely convert his portfolio to the cryptocurrency.

Salinas, owner of Grupo Elektra, acts on his longstanding Bitcoin advocacy. His decision to move towards Bitcoin aligns with his previous strategy of portfolio reallocation, emphasizing a shift towards digital assets.

The financial impact of Salinas’ actions could encourage other investors to explore Bitcoin, although the direct market reaction remains muted. It represents a potential shift in investment behavior within Latin American financial circles.

“I have increased my Bitcoin-related portfolio allocation from 10% in 2020 to 70% by March 2025.”—Ricardo Salinas Pliego, Businessman, Owner of Grupo Elektra

This move indicates a growing trend amongst elite investors towards digital currencies, potentially influencing others. Despite likely regulatory scrutiny, Salinas pushes forward with his Bitcoin support.

Market Perspective

Salinas’ decisions underscore a narrative shift toward digital asset favorability, emphasizing Bitcoin as a store of value. The broader market response is still developing.

Historical precedents show billionaire endorsements can temporarily boost Bitcoin’s price, although the long-term impact remains uncertain. Salinas’ confidence may inspire other large-scale investors to consider similar strategies towards digital assets.

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

Next Altcoin to Explode? BlockDAG, INJ, TIA, & SUI Build Strong Foundations

Solomon M.

Solomon M.

Related Posts

Bitcoin Insurance Firm Reports $220 Million BTC Treasury

by Solomon M.
June 9, 2025

Meanwhile Insurance Bitcoin reveals audited 220.4 BTC treasury valued at $220 million.

Michael Saylor Forecasts 30% Bitcoin Growth

by Solomon M.
June 9, 2025

Michael Saylor predicts a 30% annual return for Bitcoin over 20 years, citing institutional adoption.

Michael Saylor Predicts 30% Annual Return for Bitcoin

by Solomon M.
June 9, 2025

Michael Saylor anticipates 30% average annual returns for Bitcoin, citing limited supply and institutional adoption.

Metaplanet Stock Surges Amid Bitcoin Acquisition Strategy

by Solomon M.
June 9, 2025

Metaplanet's stock rises 21% with aggressive Bitcoin strategy, surpassing McDonald's Japan in trading value.

Metaplanet’s Bold Bitcoin Move Surpasses McDonald’s Japan

by Solomon M.
June 9, 2025

Metaplanet's stock rises 20%, surpassing McDonald's Japan, with a bold Bitcoin strategy.

Bitcoin Transactions Hit Lowest Level Since October 2023

by Solomon M.
June 9, 2025

Bitcoin daily transactions fall to 290,718 in June 2025 amid whale activity, while transaction volume spikes.

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.