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Mexico's third richest person has once again significantly increased their holdings in Bitcoin, calling it a "shield against inflation."
PANews June 20 news, Mexico’s third richest man and founder of Grupo Salinas, Ricardo Salinas Pliego, recently stated that he has significantly increased his holdings in Bitcoin once again, with approximately 70% of his investment portfolio being BTC. He views the current price pullback as a “buying opportunity” and emphasizes that Bitcoin is a long-term asset against inflation and fiat devaluation. Pliego mentioned that he may “fully allocate” to encryption assets in the future.