Ricardo Salinas Pliego Raises Bitcoin to 70% Portfolio, Eyes All-In Crypto Hedge

Ricardo Salinas Pliego, Mexico’s third-wealthiest billionaire and founder of Grupo Salinas, has increased his Bitcoin (BTC) allocation to about 70% of his investment portfolio amid a recent price pullback. Viewing dips as a “buying opportunity,” he made a significant increment in BTC holdings last week, as on-chain data show large holders’ balances climbing despite market weakness. An outspoken inflation hawk, Pliego argues that fiat currencies lose value over time and calls Bitcoin a long-term hedge against money printing. He echoed peers like Michael Saylor and Brian Armstrong in predicting that digital assets may eventually outpace gold. While acknowledging short-term volatility, Pliego remains focused on Bitcoin’s long-term trajectory and has signaled the possibility of going “all in” on crypto assets in the future.
Bullish
Salinas Pliego’s large BTC buy during a pullback and his potential move to full crypto exposure signal increased demand and reduced supply availability. On-chain data showing rising whale balances amid price dips reinforces bullish sentiment. His stance as an inflation hawk and alignment with industry leaders underscores confidence in Bitcoin’s long-term value, likely boosting short-term trading momentum and supporting sustained upward pressure.