$BTC June 20, as reported by Bitcoinist, Mexico's third richest person Ricardo Salinas Pliego recently significantly increased his Bitcoin holdings as the price of Bitcoin fell 6% from its historical high of $112,000 to $104,900. Pliego has allocated about 70% of his personal investment portfolio to Bitcoin and stated that this increase is "quite substantial". He views every price drop as a buying opportunity and emphasizes that Bitcoin is an effective tool against fiat currency devaluation, pointing out that the dollar has lost about 90% of its purchasing power over the past 40 years.