Imagine a world where a billionaire ditches the traditional safety nets of stocks and bonds, plunging headfirst into the wild, exhilarating realm of cryptocurrency. That’s exactly what Ricardo Salinas, a Mexican tycoon worth a staggering $5.8 billion, has done. In a revelation that’s sent ripples through the financial world, Salinas recently disclosed that a jaw-dropping 70% of his liquid portfolio is tied to Bitcoin and its ecosystem, leaving the remaining 30% nestled in gold and gold mining ventures.
A Billionaire’s Bold Leap into Bitcoin
The cryptocurrency market has always been a rollercoaster of highs and lows, but for Salinas, it’s a ride worth taking. Known for his outspoken support of Bitcoin, this isn’t just a casual dip into digital assets—it’s a full-on commitment. With no bonds or stocks outside his own companies, his strategy is a testament to his belief in decentralized finance over conventional investments.
A Shift from Tradition
Back in 2020, Salinas was already dabbling in Bitcoin, allocating a modest 10% of his portfolio to the crypto king. Fast forward to today, and that figure has ballooned to 70%. What sparked this dramatic shift? For Salinas, it’s about rejecting the old guard of finance. “I don’t have a single bond,” he declared in a recent interview, underscoring his disdain for traditional securities. Instead, he’s banking on Bitcoin’s potential to redefine wealth in the digital age.
This isn’t just a personal quirk—it’s a calculated move. With Bitcoin trading at $81,784.60 as of March 4, 2025, despite an 8.62% dip, Salinas sees long-term value where others see volatility. His portfolio isn’t just Bitcoin itself but includes related exposure, hinting at stakes in crypto infrastructure or mining operations.
“I’ve got about 70% in Bitcoin-related exposure and 30% in gold and gold miners.”
– Ricardo Salinas
Gold: The Timeless Hedge
While Bitcoin dominates his holdings, Salinas hasn’t abandoned all traditional stores of value. The remaining 30% of his portfolio is split between gold and investments in gold mining companies. This blend of digital and physical assets paints a picture of a man hedging his bets—not against crypto’s failure, but against a broader collapse of fiat systems. Gold, with its millennia-long reputation as a safe haven, complements Bitcoin’s futuristic promise.
Interestingly, this mix reflects a growing trend among high-net-worth individuals: pairing the stability of precious metals with the explosive potential of cryptocurrencies. Salinas isn’t alone in this; he’s just louder about it.
A Crypto Crusader in Mexico
Salinas isn’t new to the crypto spotlight. Four years ago, he made headlines by vowing to turn his bank into Mexico’s first Bitcoin-friendly financial institution. While progress on that front has been slow—hampered by regulatory hurdles and his ongoing battles with the Mexican government—his personal conviction hasn’t wavered. If anything, his portfolio allocation is a louder statement than any press release.
Mexico’s crypto scene is still nascent, with adoption lagging behind global leaders like the U.S. and Singapore. Yet, Salinas is planting a flag, signaling to both his countrymen and the world that digital currencies are the future. His wealth gives him a megaphone, and he’s using it to shout “Bitcoin” from the rooftops.
Why 70% Matters
A 70% allocation isn’t just bold—it’s borderline revolutionary. Most financial advisors preach diversification, urging clients to spread risk across stocks, bonds, real estate, and maybe a sprinkle of crypto. Salinas, however, has flipped the script. By pouring the lion’s share of his liquid wealth into Bitcoin-related assets, he’s betting that the decentralized dream will outlast traditional markets.
This move comes at a time when Bitcoin’s price, though down 8.62% recently, still hovers near all-time highs. Other major cryptocurrencies like Ethereum ($2,041.16, -10.41%) and Solana ($134.49, -15.11%) have taken steeper hits, yet Salinas remains unfazed. His focus on Bitcoin suggests a laser-like confidence in its resilience.
- Unmatched conviction: 70% isn’t a toe-dip—it’s a cannonball into crypto’s deep end.
- Rejection of norms: No stocks, no bonds, just crypto and gold.
- Long-term vision: Betting on Bitcoin’s dominance over decades, not days.
The Context of Chaos
Salinas’ announcement didn’t happen in a vacuum. His flagship company, Grupo Elektra, is navigating plans to delist from public markets, while he’s locked in legal and tax disputes with Mexican authorities. Could this massive Bitcoin pivot be a shield against domestic instability? Some speculate it’s a way to move wealth beyond the reach of government hands, though Salinas frames it as pure belief in crypto’s superiority.
Either way, the timing is electric. With global markets jittery and inflation fears lingering, his strategy feels like a middle finger to centralized control. He’s not just investing—he’s making a statement.
A Blueprint for the Ultra-Wealthy?
Salinas’ portfolio isn’t for the faint of heart, but it might inspire other billionaires to rethink their allocations. The ultra-wealthy have long flirted with crypto—think Elon Musk’s Tesla Bitcoin buys or Michael Saylor’s MicroStrategy hauls—but 70% is a new benchmark. It’s a signal that crypto isn’t just a side hustle; it can be the main event.
For the average investor, though, this is a distant dream. Most can’t stomach the volatility Salinas shrugs off. Yet his example might nudge more people toward a 5% or 10% crypto stake, bridging the gap between skepticism and enthusiasm.
| Asset | Percentage | Current Value |
| Bitcoin-Related | 70% | $81,784.60 (BTC) |
| Gold & Miners | 30% | N/A |
| Stocks/Bonds | 0% | N/A |
The Risks of Going All-In
Let’s not sugarcoat it: 70% in Bitcoin is a gamble. Crypto’s infamous volatility means Salinas could see wild swings—millions gained or lost in hours. A single hack, regulatory crackdown, or market crash could dent his fortune. Yet, he’s no stranger to risk. Building a $5.8 billion empire took guts, and this is just the next chapter.
Gold, meanwhile, offers a buffer. If Bitcoin tanks, his 30% stake in the yellow metal could soften the blow. It’s a savvy pairing—crypto’s upside with gold’s downside protection.
What’s Next for Salinas?
Salinas isn’t slowing down. His dream of a Bitcoin-friendly bank still simmers, and his portfolio scream’s he’s doubling down on that vision. As Mexico grapples with economic uncertainty, he might justbecome the poster child for crypto adoption in Latin America. Will others follow? Only time will tell.
For now, his 70% Bitcoin bet is a beacon—proof that even billionaires can go rogue. Whether it’s genius or madness, it’s a story worth watching.
A billionaire’s gamble, a crypto revolution—what does it mean for the future?
This is just the beginning. Salinas’ move could spark a wave of high-stakes crypto investing, pushing Bitcoin further into the mainstream. Or it could be a cautionary tale of overconfidence. Either way, the world’s eyes are on him—and his wallet.
By March 4, 2025, the crypto landscape is buzzing with his name. A 70% Bitcoin allocation isn’t just news—it’s a manifesto. And in a market where fortunes shift overnight, Salinas is riding the wave with unwavering faith.
