Mexican Billionaire Modifies Twitter Bio to Reflect Bitcoin Investments
Bitcoin is being wired into social media by Ricardo Salinas Pliego, chairman of the Grupo Salinas enterprise and the third wealthiest man in Mexico.
The billionaire updated his Twitter profile over the weekend to incorporate the Bitcoin (BTC) emoji, with an estimated net worth of more than $13 billion as of January.
Crypto Twitterers along with a portion of his 840,000+ followers mentioned seeing the switch Saturday roughly when Bitcoin’s price rose to over $40,000 for the first time in three-weeks.
Salinas revealed that he sold Bitcoin (BTC) during the 2017 rally at $17,000, after purchasing it at $200 in 2013. He further claimed that Bitcoin is his “best investment ever.”
— Jay_OKEX_CEO (@JayHao8) February 7, 2021
Back in November, Salinas revealed that 10% of his “liquid portfolio” is composed of BTC, with the rest invested in “precious metals miners.” In December and January, the 65-year-old billionaire invested in Bitcoin before the price soared to fresh all-time highs, generating over 100% on his investment. He also pointed out that he intends to hold on to his crypto holdings for the next five years.
Salinas wasn’t the only billionaire who has lately been using social media to promote crypto. oSpaceX CEO Elon Musk continues to campaign for the meme crypto Dogecoin (DOGE). In his latest tweet, Musk was focused on DOGE users as the cryptotoken has been embroiled in a pump-and-dump campaign by Reddit traders and speculators, in general.In the past 30 days, DOGE has appreciated by roughly 600%.
The future currency of Earth
— Elon Musk (@elonmusk) February 6, 2021
At the time of writing this article, Bitcoin (BTC) was trading at $38,586, reflecting a gain of 0.5% in the last 24 hours.