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Mexican Billionaire Ricardo Salinas: Investing in Real Estate Is ‘Bullshit,’ Buy Bitcoin Instead

Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised ag...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Mexican Billionaire Ricardo Salinas: Investing in Real Estate Is ‘Bullshit,’ Buy Bitcoin Instead
Ricardo Salinas Pliego, the fifth-largest billionaire in Mexico, has offered major investment advice to his followers on X, which unsurprisingly includes bitcoin. Salinas, who owns TV Azteca and Grupo Electra, advised against real estate investments and encouraged considering bitcoin instead. “Investing in REAL ESTATE is a BAD INVESTMENT!!! Don’t be fooled; real estate is NOT […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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