Mexican Billionaire Says Bitcoin Will Hit $1.86 Million. What’s His Logic?
Mexican billionaire Ricardo Salinas Pliego renewed his long-term Bitcoin thesis this week, pointing to gold’s total market value as the benchmark that could eventually send BTC toward $1.86 million per coin. In a post on X, the Grupo Salinas founder argued that reaching parity with gold’s market capitalization would require exactly that price. He also The post Mexican Billionaire Says Bitcoin Will Hit $1.86 Million. What’s His Logic? appeared first on BeInCrypto.
Key Takeaways
- Mexican billionaire Ricardo Salinas Pliego renewed his long-term Bitcoin thesis this week, pointing to gold’s total market value as the benchmark that could eventually send BTC toward $1.86 million per coin.
- In a post on X, the Grupo Salinas founder argued that reaching parity with gold’s market capitalization would require exactly that price.
- He also The post Mexican Billionaire Says Bitcoin Will Hit $1.86 Million.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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