Bitcoin2026-09-02 12:32:44Ricardo Salinas backs Bitcoin, calls fiat inflation an "hidden tax"According to Bitcoin Magazine, Mexican billionaire Ricardo Salinas publicly voiced support for Bitcoin and said it changed a basic rule: no one can print more money just because they want to. He also described fiat-currency inflation as a "hidden tax" and urged people to learn about Bitcoin, buy it and hold it to protect savings and defend freedom. The report also said Salinas is currently under tax-fraud investigation in Mexico and the United States.910
Orange Juice2026-07-23 13:27:56Orange Juice raises $40 million seed round led by Ricardo SalinasBitcoin treasury holding company Orange Juice has closed a $40 million seed round, with Mexican billionaire Ricardo Salinas leading the financing. The company said the proceeds will be used to acquire profitable U.S. businesses and build a Bitcoin treasury. Orange Juice was co-founded by macro analyst Lyn Alden and author Jeff Booth, among others. It said it follows a permanent capital model centered on acquiring and holding profitable American companies for the long term, then using corporate cash flow to buy Bitcoin as a treasury reserve. The company’s stated goal is to build a Bitcoin-standard holding company modeled after Berkshire Hathaway.1600
Ricardo Salin2026-07-15 20:32:26Ricardo Salinas backs Lyn Alden’s new Bitcoin treasury ventureMexican 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.1500
ORANGE JUICE2026-07-15 17:03:49ORANGE JUICE raises $40 million with Ricardo Salinas as anchor investorORANGE JUICE said it has raised $40 million, with Mexican billionaire Ricardo Salinas participating as an anchor investor. The venture was founded by Ego Death Capital partners Jeff Booth, Lyn Alden, and others. Its stated business focuses on acquiring profitable U.S. companies generating $1 million to $10 million in annual cash flow, holding them for the long term, and improving operations. The company also plans to build Bitcoin reserves at the businesses it acquires and set up an internal AI operations team aimed at lifting productivity across its portfolio. The announcement outlines a strategy that combines traditional business acquisitions with Bitcoin treasury building and operational changes inside acquired firms.1640
Bitcoin2026-07-09 20:26:13Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Urges Buying as Inflation HedgeMexican billionaire Ricardo Salinas has reaffirmed his support for Bitcoin as an inflation hedge, advising followers to buy the cryptocurrency to protect against fiat devaluation. His stance highlights Bitcoin’s fixed supply amid rising inflation in Latin America.660
Bitcoin2026-07-04 01:30:14Mexican Billionaire Ricardo Salinas Allocates 70% of His Portfolio to BitcoinMexican billionaire Ricardo Salinas, owner of Grupo Salinas, said that 70% of his investment portfolio is now allocated to Bitcoin and Bitcoin-related assets. The remaining 30% is held in gold and shares of his own companies, while he holds no bonds and no stocks other than his own. This marks a major shift from 2020, when his Bitcoin exposure stood at just 10%, underscoring how strongly his conviction has grown over time. Salinas, whose net worth is estimated at $4.8 billion, has long been one of Latin America’s most outspoken Bitcoin advocates and has said he wants Banco Azteca to become the first bank in Mexico to accept Bitcoin. His comments come during a turbulent period: Grupo Elektra’s shares fell 70% last year, wiping out nearly $5 billion of his fortune, and he remains in legal disputes with the Mexican government over alleged unpaid taxes. Even so, Salinas has not backed away from Bitcoin. Instead, he continues to frame it as a central pillar of his financial strategy. His position adds to the broader narrative of Bitcoin as a long-term store of value and highlights how some high-profile business leaders are using BTC not as a side bet, but as a core portfolio allocation.640
Bitcoin2026-07-02 16:00:14Mexican Billionaire Ricardo Salinas Reveals 70% Bitcoin Allocation, Plans to Make Banco Azteca First Crypto-Friendly BankRicardo Salinas, the billionaire owner of Mexican conglomerate Grupo Salinas, disclosed in a recent interview that 70% of his investment portfolio is now allocated to bitcoin and bitcoin-related assets, with the remaining 30% in gold and shares of his own companies. He plans to make his bank, Banco Azteca, the first in Mexico to accept bitcoin. Despite facing a 70% plunge in Grupo Elektra's share price, a $5 billion fortune wipeout, and ongoing tax disputes with the Mexican government, Salinas remains a vocal bitcoin advocate. His conviction underscores bitcoin's growing role as a long-term store of value and institutional asset, making him one of Latin America's most influential crypto proponents.590
Mexican billi2026-07-02 15:45:14Mexican Billionaire Salinas: 70% Portfolio in Bitcoin, Betting on Digital GoldRicardo Salinas, billionaire owner of Mexican conglomerate Grupo Salinas, revealed in a recent interview that 70% of his investment portfolio is allocated to bitcoin and bitcoin-related assets. The remaining 30% consists of gold and shares in his own companies. He has increased his bitcoin exposure from just 10% in 2020. Salinas plans to make his bank, Banco Azteca, the first in Mexico to accept bitcoin. Meanwhile, he is delisting flagship firm Grupo Elektra to free himself from shareholders, despite a 70% stock price plunge last year that erased nearly $5 billion of his fortune and ongoing tax disputes with the Mexican government. He remains a vocal bitcoin advocate, viewing it as a core pillar of long-term value storage.540
