Billionaire Issues New Bitcoin Prediction, Says Crypto King Will Surge to $1,500,000 Per BTC
Mexican billionaire Ricardo Salinas Pliego says he believes Bitcoin will surge by at least 14 times from its current value.
In a new post on X, the Grupo Salinas chairman says BTC will rise to $1.5 million USD in a jump that would see the leading crypto asset match gold’s current $30 trillion market cap.
At that point, he believes Bitcoin will then begin to exceed gold’s market size.
Salinas is Mexico’s third-richest person, with his conglomerate Grupo Salinas spanning media, retail and finance.
He has been a champion of Bitcoin since 2020, now holding about 10% of his liquid portfolio in BTC.
A former gold enthusiast from 1980 to 2017, Salinas shifted views, calling Bitcoin an effective protection from government fiat fraud.
Bitcoin is the best performing asset in history.
Its price has surged 59.4% from $68,369 in the last year, 828.1% from $11,742 over the last five years and 41,370% from $263 in the last ten years.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 2025 Bitcoin Collapse: Underlying Factors and Tactical Considerations for Cryptocurrency Investors
- The 2025 Bitcoin crash erased $1.2 trillion in value, driven by macroeconomic tightening, leverage, and geopolitical tensions. - Financialization linked crypto to traditional markets, exposing systemic risks through institutional entanglements and fragile liquidity. - Regulatory divergence between U.S. pro-blockchain policies and EU MiCAR rules created jurisdictional conflicts and operational misalignment. - Investors must prioritize diversification, monitor regulatory shifts, and prepare for prolonged v
Blockchain’s $6.8 Billion Bet: Will Advancements Outpace Its Security Risks?
- Terminal Finance's collapse exposed blockchain fintech vulnerabilities from delayed tech adoption and security flaws, triggering sector-wide scrutiny. - Naver-Upbit's $6.8B AI-blockchain merger faces challenges after Upbit's $36M Solana breach, mirroring 2019 North Korean-linked attacks. - Balancer's $116M hack revealed systemic DeFi risks, with debates over audit efficacy despite 11 prior security reviews. - Binance's legal troubles and BNB's price slump highlight market skepticism, while initiatives li
Bitcoin News Update: Krugman Links Bitcoin's Decline to Waning 'Trump Trade' Hype
- Bitcoin's 30% drop from October peak linked to fading "Trump trade" speculation, per Nobel laureate Paul Krugman, who frames it as speculative rather than stable value. - BlackRock's IBIT ETF regained $3.2B profit post-$90K rebound, while SpaceX's $105M BTC transfer sparks custodial strategy debates amid market volatility. - Naver's $10B Dunamu acquisition and corporate Bitcoin treasury moves highlight institutional crypto integration, despite $19B industry selloff and regulatory challenges. - Prediction
Bitcoin News Today: "Conflicting Whale Strategies Cast Uncertainty on Bitcoin's Path to $100K"
- Bitcoin's drop below $100,000 coincided with mixed whale strategies, including accumulation, shorting, and exchange deposits, signaling uncertain market direction. - Ethereum whales used 16.08 million DAI to buy 5,343 ETH at $3,010, while Bitcoin whales deposited 9,000 BTC, potentially signaling selling preparation. - Derivatives markets showed conflicting bets, with a $91M BTC short and $36.4M long flip, while ETF inflows ($84M total) hinted at institutional confidence amid macroeconomic risks. - Analys
Trending news
MoreCrypto prices
More
