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via BeInCrypto · By BeInCrypto Editorial
Mexican Billionaire Says Bitcoin Will Hit $1.86 Million. What’s His Logic?
BTC
BTC/USDT
$79,697.73
-1.66%
$79,697.73
-1.66%
(24s)24h Volume
$17,884,351,955.85
24h H/L
$81,423.03 / $78,660.00
Change: $2,763.03 (3.51%)
Long/Short
52.6%
Long: 52.6%Short: 47.4%
Funding Rate
-0.0008%
Shorts pay
Data provided by COINOTAG DATALive data
BE
BeInCrypto Editorial(08:27 PM UTC)
1 min read
Mexican billionaire Ricardo Salinas Pliego renewed his long-term Bitcoin thesis this week, pointing to gold’s total market value as the benchmark that could eventually send BTC toward $1.86 million per coin.
In a post on X, the Grupo Salinas founder argued that reaching parity with gold’s market capitalization would require exactly that price. He also mentioned that Bitcoin’s adoption curve is…
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