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Ricardo Salinas allocates 70% of his portfolio to Bitcoin, betting on its long-term value and inflation hedge.

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

Mexican billionaire Ricardo Salinas Pliego has invested about 70% of his portfolio in Bitcoin, showing strong confidence in the cryptocurrency as a superior long-term store of value and hedge against inflation. He even convinced his wife to mortgage her home to buy more Bitcoin, suggesting homeowners convert part of their home equity into BTC for dual growth potential. Salinas highlights Bitcoin's significant appreciation compared to real estate over the past decade and believes Bitcoin could reach $1 million per coin due to its limited supply and growing adoption. His stance contrasts with typical financial advice to limit exposure to volatile assets, emphasizing Bitcoin's unique value as a scarce asset like gold.

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Fathom Holdings surges 89% on $53M merger deal with Bed Bath & Beyond

Fathom Holdings surges 89% on $53M merger deal with Bed Bath & Beyond

Fathom Holdings announced a $53.38 million equity merger with Bed Bath & Beyond, where shareholders will receive 0.2236 shares of Bed Bath & Beyond per Fathom share. The merger aims to integrate Fathom's real estate and mortgage services with Bed Bat...

Company Fundamentals
Bullish
1 hour ago
Small caps hit record highs as Fed holds rates; Robinhood surges 12% on strong trading volumes.

Small caps hit record highs as Fed holds rates; Robinhood surges 12% on strong trading volumes.

U.S. stock markets rose Wednesday with small caps leading, hitting record highs as investors awaited Federal Reserve Chair Kevin Warsh's first interest rate decision. The Fed is expected to keep rates steady at 3.50%-3.75%, focusing attention on futu...

Market News
Bullish
1 hour ago
CGI and Entersekt partner to enhance 3-D Secure authentication for Nordic banks.

CGI and Entersekt partner to enhance 3-D Secure authentication for Nordic banks.

CGI and Entersekt have partnered to strengthen 3-D Secure (3DS) authentication services for issuing banks in the Nordic region. The collaboration combines CGI's digital banking expertise with Entersekt's cloud-based 3DS Access Control Server, enablin...

Market News
Bullish
2 hours ago
Lawsuit filed against Embecta over misleading financial guidance causing stock plunge.

Lawsuit filed against Embecta over misleading financial guidance causing stock plunge.

Levi & Korsinsky, LLP has filed a class action lawsuit against Embecta Corp. for allegedly providing false and misleading positive statements about its financial health, particularly regarding its pen needle business. The company missed its Q2 2026 r...

Market News
Bearish
2 hours ago
Aehr Test Systems stock jumps 11% on new order for AI data center silicon photonics tech.

Aehr Test Systems stock jumps 11% on new order for AI data center silicon photonics tech.

Aehr Test Systems saw its stock rise about 11% after receiving a follow-on production order for its FOX-XP wafer-level burn-in system from a major silicon photonics customer. This customer, a global supplier of networking products, is expanding produ...

Market News
Bullish
2 hours ago
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