Mexican billionaire Ricardo Salinas says he has increased his bitcoin allocation from 10% in 2020 to 70% of his portfolio today and believes bitcoin will eventually reach $1 million.

Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a hardcore bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.

Mexican billionaire Ricardo Salinas Pliego holds 70% of his liquid portfolio in Bitcoin, calling real estate a bad investment compared to crypto.