Mexican Billionaire Allocates 70% of Portfolio to Bitcoin, Calls It Far Superior to Real Estate

CoinFeed June 17 news, according to CoinDesk, Mexican billionaire Ricardo Salinas Pliego has allocated 70% of his investment portfolio to Bitcoin, calling it far superior to real estate. He once convinced his wife to mortgage their property to buy Bitcoin and advised the public to convert part of their home equity into Bitcoin. Salinas stated that Bitcoin will reach $1 million, but the timing is uncertain.