Multi-Billionaire Ricardo Salinas to Buy More Bitcoin Amid Crypto Crash

Bitcoin Is 9th Most Valuable Asset in the World, Beats META
  • Multi-billionaire Ricardo Salinas Pliego is buying more Bitcoin despite the market crash.
  • He stated that the crash was painful, yet he’ll regret not buying at this price.
  • The current price of Bitcoin is at $22,381.46.

Ricardo Salinas Pliego, the chairman and CEO of Salinas Group, shared to Twitter his views about the current Bitcoin crash. Noting that he’ll regret not buying more at Bitcoin’s current price.

I’m not sure what hurts more the nose surgery or the #Bitcoin crash 😂😆. I do know that in a couple of days my breathing will be much better than before… About the bitcoin price, I’m sure that in a couple of years we will regret not having bought more at this price!

Originally tweeted by Ricardo Salinas Pliego (@RicardoBSalinas) on June 13, 2022.

The top executive replied in a tweet to a user named @1EastSideTony who asked if Salinas had seen the price of Bitcoin. The chairman humorously stated that he was not sure whether his nose operation was more painful or the Bitcoin crash.

Salinas, who is the third richest man in Mexico and 172nd richest person in the world, was still in a hospital bed after going through a nose surgery due to a difficulty of breathing.

His tweet has received mixed replies from several of his followers. Most twitter users said the price will still crash up to 10,000 or 17,000 and others said the price will now begin mooning.

In June 2021, Salinas revealed that he will recommend the use of Bitcoin for his banking business Banco Azteca.

The multi-billionaire Bitcoin advocate’s intention to make Banco Azteca the first lender in the country to do business in Bitcoin. However, his plan was shut down by the central bank of Mexico. In a statement, the central bank states that cryptocurrencies like Bitcoin are not legal tender and are prohibited from being used in the country’s financial system.

Coincidentally, Bitcoin’s price has recovered a little approximately two hours after the tweet of Salinas. At the time of writing, Bitcoin price is at $22,381.46, still down 6.71% over the last 24 hours according to CoinMarketCap.

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Bryan is a gamer who became genuinely interested in crypto after his initial exposure to Play-to-Earn games like Axie Infinity and Pegaxy. He has basic knowledge of technical analysis and is keeping an eye out for interesting developments in the metaverse and GameFi space.