Core Insights - Ricardo Salinas, a prominent Mexican billionaire, has built a vast corporate empire in retail, telecommunications, banking, and media, serving millions of customers across Latin America [1][2] - Despite his traditional business background, Salinas has become a strong advocate for Bitcoin, expressing skepticism towards fiat currencies and government-backed assets, particularly after the inflationary effects of COVID-era stimulus programs [3][4] Group 1: Investment Philosophy - Salinas has allocated 10% of his liquid portfolio to Bitcoin since 2020, indicating a clear conviction in the cryptocurrency as a hedge against inflation [5] - By 2022, he revealed that the majority of his liquid investments were now tied to Bitcoin and related equities, showcasing a significant shift in his investment strategy [5] - In a recent interview, Salinas disclosed that his personal portfolio consists of approximately 70% Bitcoin-related exposure and 30% in gold and gold miners, with no investments in bonds or other stocks [6]

Core Viewpoint - KKR-backed telecom network firm FiberCop has filed a complaint with the European Commission, alleging that Italy provided state aid to rival Open Fiber in violation of EU competition rules [1] Group 1: Company Actions - FiberCop has taken legal action by filing a complaint with the European Commission [1] - The complaint centers around the claim that Italy's support for Open Fiber constitutes state aid [1] Group 2: Industry Implications - The case highlights ongoing competition issues within the Italian telecom sector, particularly regarding state aid and compliance with EU regulations [1] - The outcome of this complaint could have significant implications for market dynamics and regulatory practices in the telecom industry across Europe [1]