Mexican Billionaire Salinas Says 10% of Liquid Portfolio Is in Bitcoin
- —Salinas holds 10% of his liquid portfolio in bitcoin, not 10% of his net worth
- —The other 90% of liquid assets are in precious metals miners
- —His first BTC buy was through Grayscale in 2016 at $800
- —Salinas is Mexico's second-richest man and 166th richest in the world
Why it matters: A major traditional investor publicly backing bitcoin reinforces the inflation-hedge narrative and could nudge peers toward the asset.
Source: CryptoTicker