Mexican billionaire Ricardo Salinas recently shared his stance on Bitcoin, emphasizing that it is his preferred financial asset due to his belief that fiat currencies are being devalued globally. Salinas advised investors to view cryptocurrencies as long-term assets rather than for short-term gains. In an interview on June 17, Salinas disclosed that he has been increasing his exposure to Bitcoin during the recent market downturn when BTC prices plummeted by approximately 40% over the past year. He emphasized, "As soon as I acquire fiat currency, I convert it into Bitcoin." It was clarified that his earlier statements regarding a significant portion of his wealth being in Bitcoin were specifically related to his liquid financial investments, and not his total assets which include various businesses, properties, and assets. Salinas revealed that around 80% of his liquid investment portfolio is now in Bitcoin. For more details, refer to the complete article on Benzinga.com.