- In a recent statement, Pliego shared that a significant portion of his investments is allocated to Bitcoin (BTC), the business intelligence platform MicroStrategy, several Bitcoin mining companies, oil ventures, and gold miners.
- Mexican billionaire Ricardo Salinas Pliego, the founder of the conglomerate company Grupo Salinas, which includes numerous Mexican firms, discussed his investment portfolio and interest in Bitcoin.
- As of the time of writing, Bitcoin was trading at a price of $26,116. Bitcoin had seen a 1% increase in the past 24 hours and a 0.74% increase in the previous seven days.
Mexican multi-billionaire Ricardo Salinas Pliego announced the areas in which he invests; Pliego also invests in Bitcoin mining and the company MicroStrategy!
Mexican Multi-Billionaire Ricardo Salinas Pliego is Bitcoin-Ready
As the cryptocurrency industry matures, more people are joining this trend, including billionaires. One such billionaire is Ricardo Salinas Pliego. In a recent statement, Pliego shared that a significant portion of his investments is allocated to Bitcoin (BTC), the business intelligence platform MicroStrategy, several Bitcoin mining companies, oil ventures, and gold miners.
Pliego, the founder of the Grupo Salinas conglomerate, which includes many Mexican companies, discussed his investment portfolio and interest in Bitcoin. He placed particular emphasis on Bitcoin in his investment portfolio, highlighting its advantages over traditional finance, such as its immutability and the absence of manipulation or misuse by authorities.
Pliego based his investment decision on Saifedean Ammous’ book “The Bitcoin Standard.” This book extensively analyzes the historical context, economic, social, and political impacts that facilitated Bitcoin’s emergence and rise as an alternative to traditional currencies.
Ricardo Salinas Pliego has long been a fan of Ammous’ book and has even recommended it alongside Sun Tzu’s “The Art of War” and Ayn Rand’s “Atlas Shrugged” on his social media channels.
Current Status of Bitcoin Price
On the other hand, Bitcoin, Pliego’s favorite cryptocurrency, was trading at a price of $26,116 at the time of writing. Bitcoin had seen a 1% increase in the past 24 hours and a 0.74% increase in the previous seven days. However, it still showed an 11.79% loss on the monthly chart (data as of September 13th).
