Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Mexican billionaire holds 70% of portfolio in bitcoin, calling it better than real estate.

Market News
17 Jun 2026
Coindesk
View Source
Bullish
pluang ai news

Ricardo Salinas Pliego, a Mexican billionaire worth about $5 billion, has invested 70% of his portfolio in bitcoin, believing fiat currencies will lose value over time. He even convinced his wife to mortgage their home to buy bitcoin, highlighting its long-term outperformance compared to real estate since 2016. Salinas views bitcoin as a scarce asset similar to gold, expecting its price could eventually reach $1 million. His strong conviction stems from his family's history with gold and distrust of fiat money since the end of the gold standard.

More News

Biogen to acquire RayThera for up to $1B, boosting immunology pipeline with new drug candidates.

Biogen to acquire RayThera for up to $1B, boosting immunology pipeline with new drug candidates.

Biogen has agreed to acquire RayThera Inc. for up to $1 billion, including upfront and milestone payments. This acquisition adds multiple anti-inflammatory drug candidates to Biogen's immunology portfolio, with the lead asset expected to enter Phase ...

Company Fundamentals
Bullish
21 minutes ago
Investar Holding raises quarterly common stock dividend by 9% to $0.12 per share.

Investar Holding raises quarterly common stock dividend by 9% to $0.12 per share.

Investar Holding Corporation declared a quarterly cash dividend of $0.12 per share for its common stock, payable on July 31, 2026, to shareholders of record as of June 30, 2026. This dividend represents a 9% increase from the previous quarter and mar...

Company Fundamentals
Neutral
50 minutes ago
Trinity Capital declares $0.17 monthly dividend for Q3 2026, maintaining over six years of consistent payouts.

Trinity Capital declares $0.17 monthly dividend for Q3 2026, maintaining over six years of consistent payouts.

Trinity Capital Inc. announced a monthly dividend of $0.17 per share for July, August, and September 2026, continuing its streak of consistent or increased dividends for over six years. The dividends are paid from taxable earnings and may include ret...

Company Fundamentals
Bullish
50 minutes ago
Apple to raise product prices due to soaring memory chip costs, says CEO Tim Cook.

Apple to raise product prices due to soaring memory chip costs, says CEO Tim Cook.

Apple CEO Tim Cook announced that the company will raise prices across its product lineup due to unprecedented increases in memory and storage chip costs. The surge is driven by a major reallocation of DRAM and NAND supply toward AI infrastructure, c...

Market News
Bearish
1 hour ago
TTM Technologies to acquire Swiss Technology Group and ILFA GmbH, expanding in European tech markets.

TTM Technologies to acquire Swiss Technology Group and ILFA GmbH, expanding in European tech markets.

TTM Technologies announced plans to acquire two European companies, Swiss Technology Group AG and ILFA GmbH, for all-cash deals pending regulatory approval. These acquisitions will strengthen TTM's presence in Europe, particularly in medical, aerospa...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App