Mexican billionaire Ricardo Salinas has allocated 80% of his liquid investment portfolio to Bitcoin, he said in an interview published this week. The founder of Grupo Salinas told CoinDesk's Jennifer Sanasie and Ollie Acuna that he bought aggressively during a recent price dip and now holds zero stocks or bonds in his liquid portfolio.
The allocation
Salinas said the 80% figure applies only to his liquid investments — the cash and easily tradable assets he keeps outside of his controlling stakes in Grupo Salinas companies. He made clear that he doesn't own any equities or fixed-income instruments in that bucket. The move is a sharp bet on Bitcoin as a store of value, something he has publicly backed for years.
Why Bitcoin, not AI
The interview's headline flags that Salinas is steering clear of the artificial intelligence bubble, though the provided text doesn't quote him directly on that point. Given his full allocation to Bitcoin, the implication is clear: he sees more long-term potential in the crypto than in the current AI rally that has lifted stocks like Nvidia and Microsoft. Salinas has been a vocal Bitcoin advocate since at least 2020, when his bank, Banco Azteca, said it was exploring crypto integration.
The interview
Salinas spoke with CoinDesk's Sanasie and Acuna for a video interview. Neither the full transcript nor the exact date of the interview was included in the provided facts, but the remarks are current as of this week. The billionaire has previously called Bitcoin "the new gold" and urged investors to ignore short-term volatility. With 80% of his liquid net worth now in BTC, he's putting his money where his mouth is.
Grupo Salinas, which spans retail, banking, and media, did not immediately respond to requests for comment. Salinas's personal Bitcoin holdings are not publicly tracked, but the disclosure offers a rare window into how one of Latin America's richest men allocates his own cash.
