Ricardo Salinas, the founder of Grupo Salinas, has dramatically shifted his investment strategy, now putting 70% of his portfolio into Bitcoin, up from just 10% in 2020. In an interview with Bloomberg, he expressed his confidence in Bitcoin as the “hardest asset in the world,” emphasizing its fixed supply compared to gold, which can be inflated through mining. Salinas encourages investors to dollar-cost average into Bitcoin, suggesting continuous buying over time. He has been a Bitcoin advocate since his first investment around 2012 or 2013 and aims to make Banco Azteca the first Mexican bank to accept Bitcoin, despite facing regulatory hurdles. Recently, he also mentioned plans to restructure Grupo Salinas for more operational freedom.
Ricardo Salinas Goes Big on Bitcoin: 70% of His Portfolio Now in Crypto
Ricardo Salinas, the billionaire founder of Grupo Salinas, has made headlines by revealing that he has significantly boosted his investment in Bitcoin. As of March 2025, Salinas has committed 70% of his investment portfolio to Bitcoin-related assets, a massive increase from just 10% in 2020. In an interview with Bloomberg, Salinas declared that he is “pretty much all in” on Bitcoin, which he describes as the “hardest asset in the world.”
The Rise of Bitcoin in Salinas’ Investments
The remaining 30% of Salinas’ investments are focused on gold and gold miners. He made it clear that he doesn’t own any bonds or traditional stocks. Salinas’s substantial Bitcoin allocation highlights a growing trend among investors recognizing the potential of cryptocurrencies. He emphasized that Bitcoin’s fixed supply adds to its value compared to gold, which can be affected by annual inflation through new mining production.
In his advice to investors, Salinas encourages a strategy of dollar-cost averaging, which involves buying small amounts of Bitcoin over time. He stated, “Buy everything you can. It’s not going to go anywhere except up because the dynamics are such that it is the hardest asset in the world. Never sell it.”
Salinas’ Bitcoin Journey
Salinas, who has a net worth of $4.6 billion, first entered the Bitcoin scene in 2012 after being introduced to it by former Grayscale CEO Barry Silbert. His initial investment was made when Bitcoin was priced at just $200. Since then, his confidence in Bitcoin has only grown, evident from his increasing allocation over the years.
Despite regulatory challenges in Mexico concerning Bitcoin, Salinas remains committed to establishing Banco Azteca as the first Bitcoin-friendly bank in the country. His recent moves, including plans to streamline his business operations, suggest that he is focused on adapting to the evolving financial landscape.
Conclusion
As cryptocurrency continues to gain traction, Salinas’ bold investment choices reflect a mindset that values innovation and potential over traditional assets. With Bitcoin at the forefront of his portfolio, he stands as a prominent advocate for the digital currency, urging others to reconsider their investment strategies.
Tags: Ricardo Salinas, Bitcoin investment, cryptocurrency, Grupo Salinas, dollar cost averaging, Bitcoin portfolio.
What does it mean for the billionaire to have 70% exposure to Bitcoin?
This means that 70% of his investments are in Bitcoin. He believes strongly in its value and potential for growth.
Why is he so committed to Bitcoin?
He thinks Bitcoin is a great investment for the future. He believes it can increase in value over time, unlike many traditional investments.
What are the risks of investing so much in Bitcoin?
Investing heavily in Bitcoin can be risky because its price can change dramatically. It’s not stable like other investments, and it can lead to significant losses.
Is it smart for regular people to invest in Bitcoin?
Like any investment, people should do their research first. Bitcoin can be profitable, but it can also be risky. It’s important to only invest what you can afford to lose.
How does this affect the future of Bitcoin?
When a billionaire invests heavily in Bitcoin, it can attract more attention and interest from others. This might lead to a rise in its price and popularity among more investors.