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Mexican Billionaire Says His Bank Will Soon Add Support for Bitcoin

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Thu, 12/08/2021 - 20:02
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Mexican Billionaire Says His Bank Will Soon Add Support for Bitcoin
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Mexican businessman Ricardo Salinas Pliego has confirmed that his Banco Azteca will soon accept Bitcoin in a Thursday tweet.    

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The founder and chairman of Grupo Salinas—whose net worth is estimated to be $15.6 billion—has also added Bitcoin laser eyes to his Twitter profile picture to showcase his support for the largest cryptocurrency.    

In late June, Salinas announced that Banco Azteca was aiming to become the first Mexican bank to add support for the bellwether coin.  

Back in November, the third-richest Mexican billionaire revealed that he had converted 10 percent of his impressive portfolio to Bitcoin.

He views the largest cryptocurrency as a good way of diversifying one’s investment portfolio:

Bitcoin is a good way to diversify your investment portfolio and I think that all investors should start studying cryptocurrencies and their future. At Banco Azteca, we are working to bring them to our clients to continue promoting [financial] freedom.

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Salinas, however, is not a fan of Dogecoin. He went semi-viral after telling a fan of the meme cryptocurrency that he would stay poor.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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