Mexican billionaire Ricardo Salinas Pliego, chairman of Grupo Salinas, has predicted that Bitcoin could reach $1.5 million per coin. Salinas, who has allocated 80% of his investment portfolio to Bitcoin, bases his forecast on the cryptocurrency's fixed supply and its potential to outperform gold as a store of value.
Salinas made this prediction in October 2025, highlighting Bitcoin's role as a hedge against inflation. Despite his optimistic outlook, Bitcoin was trading at approximately $108,800 at the time, with no immediate market reaction to his comments. Salinas' prediction underscores the growing institutional interest in Bitcoin and could influence future discussions on digital investment strategies.
Mexican Billionaire Ricardo Salinas Predicts Bitcoin Could Hit $1.5 Million
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