Ricardo Salinas Pliego, Mexico's third-richest individual, has announced a significant increase in his Bitcoin allocation to 70% as of March 2025, highlighting a growing interest in digital assets.
Increase in Bitcoin Portfolio Allocation
Salinas has raised his Bitcoin allocation from 10% in 2020 to 70% by 2025, potentially indicating a predominance of digital currencies among wealthy investors.
Trends Among Wealthy Investors
As the owner of Grupo Elektra, Salinas' actions draw attention in financial circles, where there is a trend of moving away from traditional stocks and further investing in Bitcoin.
Potential Bitcoin Use in Financial Institutions
Salinas is also considering the use of Bitcoin within his financial institutions like Banco Azteca, which may necessitate regulatory reviews.
This portfolio shift underscores the growing confidence of wealthy investors in Bitcoin as a digital store of value, potentially altering investment strategies in emerging markets.
