Mexican Business Mogul Ricardo Salinas Pliego Advocates for Full Bitcoin Investment
In a significant declaration that has captured the attention of the financial world, Mexican business magnate Ricardo Salinas Pliego, known for his strong advocacy of Bitcoin, has recently entertained the idea of allocating 100% of his wealth to the leading cryptocurrency. As of 2025, Salinas, who boasts a net worth exceeding $5 billion, currently holds approximately 80% of his wealth in Bitcoin-related investments, with the remainder in gold.
During a 2025 interview with Austrian economist Saifedean Ammous, Salinas expressed his concerns about the stock market, stating,
“I think that anybody who has an investment portfolio should be extremely careful because of the way that stocks are valued today. It’s ridiculous.”
His investment strategy reflects a cautious yet opportunistic approach, as he prioritizes sound money over traditional stock investments.
Salinas’s journey into the world of cryptocurrency began in 2013, and he has demonstrated a keen understanding of market dynamics. He noted that he invested in Bitcoin when its price was around $200, successfully navigating through its volatile price fluctuations. One of his most notable transactions occurred when he sold Bitcoin for approximately $17,000, highlighting the potential profitability of cryptocurrency investments.
Reflecting on his investment choices, Salinas remarked,
“I don’t know why do I still have gold. Well I could probably move to 100% Bitcoin. Maybe I need a little bit more time being an old guy.”
This comment illustrates his confidence in Bitcoin’s future and its role as a viable alternative to traditional commodities like gold.
The motivation behind Salinas’s investment philosophy is rooted in historical economic events. He attributed his shift towards sound money to the devaluation of the Mexican peso in the 1980s, which he deemed a result of governmental mismanagement. This experience not only led him to embrace gold but also paved the way for his eventual adoption of Bitcoin.
As of the latest data from Benzinga Pro, Bitcoin (BTC) is currently trading at $119,217.31, reflecting a 2.23% decline over the past 24 hours. However, despite this minor dip, the cryptocurrency has experienced a remarkable surge of over 14% since Salinas’s interview, underscoring its potential for growth and revaluation in the global market.
Salinas’s insights into Bitcoin’s future indicate a belief in its increasing utility. He stated,
“Bitcoin is now in the stage of being revalued to its actual usefulness for the world. The more people find it useful the more valuable it’s going to be.”
This perspective aligns with the broader sentiment in the cryptocurrency community, which sees Bitcoin as a transformative financial tool.
As the financial landscape continues to evolve in 2025, the strategies employed by influential figures like Salinas will undoubtedly shape the conversation around cryptocurrency and investment. His commitment to Bitcoin as a primary asset class reflects both a personal conviction and a broader trend toward embracing digital currencies in the face of traditional financial uncertainties.
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