Mexico's Billionaire Ricardo Salinas Pliego Allocates 70% of Portfolio to Bitcoin

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According to CoinDesk, Mexican billionaire Ricardo Salinas Pliego has allocated 70% of his investment portfolio to Bitcoin, stating it outperforms real estate as an asset class. Salinas has encouraged others to convert portions of their home equity into Bitcoin and previously convinced his wife to mortgage property to purchase Bitcoin. He predicted Bitcoin will reach $1 million, though he did not specify a timeline.
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