Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

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Mexican billionaire Ricardo Salinas has allocated 70% of his total investment portfolio to Bitcoin and Bitcoin-related assets.

During his March 4 Bloomberg interview, the founder and chairman of Grupo Salinas discussed his current investment strategy.

Meanwhile, El Salvador expanded its Bitcoin reserves by purchasing seven Bitcoin on February 24, surpassing its usual daily average of one.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesEl SalvadorMexico

Topics: Crypto Market Market News BTC Bitcoin Market Updates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 10:18:17 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 365 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26680120

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 33 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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