However, crypto Twitter users and some of Salinas’ more than 840,000 followers reported noticing the change Saturday around the time the price of the crypto asset surged to more than $40,000 for the first time in 23 days.
Welcome @RicardoBSalinas to the #bitcoin community. Let's join the #bitcoin movement! pic.twitter.com/an9wymsKE7 — Jay_OKEX_CEO (@JayHao8) February 7, 2021
The report said that Salinas revealed that he had first purchased Bitcoin at $200 in 2013, later selling during the 2017 bull run when the price reached $17,000s. He described the crypto asset as his “best investment ever.”
Likewise, in November, Salinas said that 10% of his “liquid portfolio” is invested in BTC, with the remaining “in precious metals miners.” He bought in before the price of Bitcoin surged to new all-time highs in December and January, more than doubling his investment.
Did you miss this in all the excitement as Bitcoin hit $47K? Elon Musk isn’t the only billionaire to endorse Bitcoin on social media.@RicardoBSalinas, Mexico’s third-richest person, plugged #BTC on his Twitter profile this week. https://t.co/3CcXw2dYeQ — Cointelegraph (@Cointelegraph) February 9, 2021
Thus, he has also said that he is not planning on selling off any crypto holdings for at least five years.