Key Takeaways:
Ricardo Salinas remarked that he holds 80% of his liquid portfolio in bitcoin, up from 70%, after buying during the latest dip.Grupo Elektra disburses $500M weekly in remittances; Coinpro is building a stablecoin rail with Anchorage Digital.Salinas told Coindesk he may run for Mexico’s presidency in 2030, with fiscal reform as the stated priority.“After some time and some education, I decided that this was not just another security that you should hold and then resell,” he said. “This was something different. It was a new and better, much better form of money.”
His Advice to Ordinary InvestorsHe compared the approach to real estate: nobody checks their home’s market price every morning.
On Price Targets and Michael Saylor“It will be a million dollars, but I don’t know when,” he told the show hosts.
He rejected AI stocks outright. “I would never buy the AI bubble. It is way overpriced for my conservative, Buffett-style value investment.”
Remittances, Stablecoins, and AnchorageGrupo Elektra pays out $500 million per week in peso-denominated remittances across its retail store network, representing approximately half of all U.S.-to-Mexico remittance disbursements. The annual flow runs between $50 billion and $60 billion, with roughly 80% of Mexican remittances still paid out in physical cash.
His preferred long-term solution is different:
Mexico’s Crypto Standoff“They are absolutely incapable, corrupt, and a bunch of liars,” he said of the current administration.
A 2030 Presidential RunSalinas acknowledged, for the first time during the Coindesk interview, that he may seek the Mexican presidency in 2030. He framed it as a last resort.
“If there’s no other way out, unfortunately I’ll have to take the responsibility,” he said. He described his current concern as preserving conditions so that his children and grandchildren do not have to relocate to Miami or Madrid.
