Mexican billionaire allocates 70% of investment portfolio to Bitcoin, claiming it far surpasses real estate

According to CoinDesk, Mexican billionaire Ricardo Salinas Pliego has allocated 70% of his investment portfolio to Bitcoin, stating that Bitcoin far surpasses real estate. He has convinced his wife to mortgage their property to buy Bitcoin and suggested that the public convert a portion of their home equity into Bitcoin. Salinas stated that the price of Bitcoin will reach $1 million, but he is uncertain about the timing.