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- Salinas now holds 70% of his liquid portfolio in Bitcoin, with the remainder in gold and gold miners, and no exposure to bonds or stocks.<\/span><\/li>\n
- He is considering delisting Grupo Elektra to address tax challenges, which aligns with his preference for alternative assets over traditional investments.<\/span><\/li>\n
- Salinas recommends dollar-cost averaging for average investors to mitigate short-term fluctuations in the crypto market.<\/span><\/li>\n<\/ul>\n<\/div>\n
Mexican entrepreneur and billionaire Ricardo Salinas said he has around 70% exposure in Bitcoin (BTC)<\/a>, as per a recent Bloomberg interview<\/a>.<\/p>\n
Salinas revealed that Bitcoin-related investments now constitute about 70% of his liquid portfolio, with the remaining 30% in gold and gold miners. This represents a 10% increase compared<\/a> to 2020 amid the COVID-19 outbreak.<\/p>\n
\nIn my personal portfolio, the one I manage myself\u2026 Yeah, I\u2019m pretty much all-in. I\u2019ve got about 70% in Bitcoin-related exposure and 30% in gold and gold miners. (\u2026) I don\u2019t have a single bond and I don\u2019t have any other stocks except my own.<\/em><\/p>\n
![](\"https:\/\/cdn.cryptonews.com.au\/2025\/03\/05115533\/Ricardo-Salinas.jpg\")
Ricardo Salinas <\/p>\n<\/div>\nRelated: <\/strong>Trump\u2019s Crypto Reserve Plan Faces Uncertain Future with Potential Congress Vote<\/strong><\/a><\/p>\n
It\u2019s Not Going Anywhere Except Up<\/h2>\n
The billionaire\u2019s latest move comes at a time when he is also considering delisting his flagship firm, Grupo Elektra, from the public market, and therefore easing tax-related challenges with the Mexican government. As Mexico\u2019s fifth richest person, Salinas controls an expansive portfolio of banking, retail and telecommunications.\u00a0<\/p>\n
His aggressive stance on cryptocurrency is consistent with his broader investment philosophy, which praises alternative assets over traditional bonds and stocks. For instance, his long-term vision for Bitcoin is:<\/p>\n
\nYou have to think about 10 years and buy everything you can\u2026 it\u2019s not going anywhere except up.<\/em><\/p>\n
Ricardo Salinas <\/p>\n<\/div>\nHowever, Salinas recommends that average investors should consider using a dollar-cost averaging (DCA) strategy to mitigate short-term volatility.<\/p>\n
Related: <\/strong>Crypto Rally Reverses with Double-Digit Losses Amid Market Crash<\/strong><\/a><\/p>\n
Talking about volatility, Bitcoin and the rest of the crypto market have plummeted quite abruptly, with BTC falling from US$93K (AU$148K) to US$82K (AU$130K), nearly a 10% decrease in just 24 hours.\u00a0<\/p>\n
Moreover, the crypto market cap tanked from 3.2T (AU$5.1T) to about US$2.7T (AU$4.30T), as per data<\/a> from CoinMarketCap.<\/p>\n<\/p><\/div>\n
- He is considering delisting Grupo Elektra to address tax challenges, which aligns with his preference for alternative assets over traditional investments.<\/span><\/li>\n