7 -digitative bitcoins in dollars? The Mexican billionaire Ricardo Salinas Pliego is the boiling defender of Bitcoin (BTC)For a long time. Since 2020, he has never stopped increasing part of King Kryptos in his portfolio. Today, 3.E Mexican richest man is convinced that the bitcoin market deserves have value at least as with gold.
- Ricardo Salinas Pliego said that bitcoin can one day exceed gold as a reserve of value, which would bring BTC for $ 1.1 million.
- A Mexican billionaire revealed that 70% of its portfolio is now made up of bitcoins, which illustrates its growing confidence in cryptocurrency.
Ricardo Salinas Pliego sees bitcoins for $ 1.1 million and compete with gold
In a recent interview with Kitco News, a Mexican billionaire Ricardo Salinas Pliego He said that the market valuation Bitcoin would be brought one day exceed that fromgoldwhich is currently approximately $ 22,000 billion.
Salinas compared the current capitalization of the bitcoins to which it concerns $ 2,100 billionFor the moment of writing these lines, to the moment of gold. According to him, therefore, BTC still has a lot of growth potential.
If cryptocurrency invented by Satoshi Nakamoto reached the capitalization of gold, its price would be around $ 1.1 million per BTC. Billionaire is convinced Bitcoin eventually exceeds gold as a reserve of valueAnd even he will replace the trust currencies!
Mexican billionaire firmly holds 70% of their BTC portfolio
Ricardo Salinas Pliego also stressed that Bitcoin had largely Supermed Gold In recent years. For example BTC recorded impressive profits from +156 % in 2023 and +121 % in 2024whilegold experienced a more modest growth +14 % in 2023 and +26.6 % in 2024.
A Mexican entrepreneur who has an estimated assets $ 5.8 billionNow he has assigned an important part of his bitcoin wealth. In an interview with last March revealed it BTCS represented approximately 70 % of its portfolio Liquid Investment (The remaining 30 % is invested in gold and gold mines).
IN 2020started with an exhibition Only 10% in bitcoins. It means how much his trust In the chief of the cryptocurrency increased for 5 years. It is necessary to say that a billionaire is convinced that bitcoin can be a means to achieve and real freedomespecially at a time when government intervention It is increasingly important.
Ricardo Salinas Pliego is far from being the only one who has more and more confidence in Bitcoins. We really see it regularly now Rich institutional investors invest in BTC for a long timeAnd that they really do not deal with the crisis of the moment for their shopping. Will Bitcoin replace gold? In any case, this could end in that he was a very serious rival of precious metal.
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