Mexican billionaire Ricardo Salinas has voiced support for Lyn Alden’s new Bitcoin treasury company, according to a post on X from BitcoinTreasuries.NET. The post said Salinas had come to two conclusions: cash flow is king, and investors cannot rely on governments to protect the value of their money. On that basis, he said he supports the team behind the project. The development follows an earlier announcement that ORANGE JUICE, founded by Lyn Alden, had raised $40 million. The company said it plans to launch a permanent capital holding company backed by Bitcoin reserves. The update ties Salinas’ public endorsement to a venture that is positioning BTC as the reserve asset at the center of its corporate structure.
BitcoinTreasuries.NET said in a post on X that Mexican billionaire Ricardo Salinas has thrown his support behind Lyn Alden’s new Bitcoin treasury company.
According to the post, Salinas said he had come to recognize two points: cash flow is king, and people cannot count on governments to protect the value of their money. He said that is why he supports the team.
Earlier, ORANGE JUICE, founded by Lyn Alden, announced that it had raised $40 million. The company said it plans to launch a permanent capital holding company backed by Bitcoin (BTC) reserves.
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