Billionaire Salinas Pushes Bitcoin Over Real Estate at $63,337
Mexican billionaire Ricardo Salinas Pliego now holds 70% of his portfolio in Bitcoin and calls it superior to real estate, citing long-term scarcity and dollar debasement. The stance follows a June 14 analysis that labeled Bitcoin the safest blue-chip crypto yet noted a 40% price drop over the prior year and underperformance versus gold. Current quotes sit near $63,337, up 0.73% intraday, while prominent forecasts from Salinas, Michael Saylor, and Cathie Wood converge on a $1 million target within the next decade.