Billionaire Says: Bitcoin Reaches $1.5 Million – Overtaking Gold!

Billionaire Says: Bitcoin Reaches $1.5 Million – Overtaking Gold!

On October 20, 2025, Ricardo Salinas Pliego, a prominent Mexican billionaire and chairman of Grupo Salinas, made a bold prediction about the future of Bitcoin. He expects the price of the cryptocurrency to rise to $1.5 million in the coming years, an eighteen-fold increase from its current value. Salinas sees this development as not only a significant increase in value, but also a strategic shift towards Bitcoin as one of the most effective ways to hedge against the inflation and risks of sovereign currencies.

Mexico's third richest man argues that Bitcoin could ultimately surpass gold's market capitalization, which is currently around $30 trillion. This assessment represents a massive shift in the traditional understanding of value and could have far-reaching effects on the financial market. Salinas has had a positive stance on Bitcoin since 2020, investing about 10% of his liquid portfolio in the cryptocurrency.

From gold enthusiast to Bitcoin advocate

Until 2017, Salinas was a supporter of gold and believed in the stability that the precious metals market offers. However, this view changed with the rise of Bitcoin. He now describes cryptocurrency as an effective protection against sovereign currency fraud and sees it as the best asset class in history. Bitcoin's impressive price increases support his opinion: in the last twelve months the price has increased by 59.4%, while in the last five years it has increased by 828.1% and in the last ten years by a sensational 41,370%.

Salinas' predictions could move investors both inside and outside of traditional markets as confidence in Bitcoin as a store of value grows. This could mark a significant turnaround for investments and potentially lead to a shift from gold to cryptocurrencies.

A look into the future

Salinas' bullish prediction reflects not only his personal beliefs, but also a growing movement among many investors who view Bitcoin as a promising form of investment. It remains to be seen how developments will continue, but the rising price and growing acceptance could give Bitcoin a central role in the global financial system in the coming period.

In a world regularly plagued by financial uncertainty, Salinas' predictions and overall market trends could prompt a rethink among investors who question traditional investments and seek innovative solutions. The coming years will be crucial to see whether Bitcoin is actually able to reach the heights it aims for.

For more information about Ricardo Salinas Pliego and his Bitcoin predictions, check out coverage from Daily Hodl.