Vivek Ramaswamy’s Strive to Scoop Distressed Bitcoin Claims from Mt. Gox, Plans BTC Treasury

Description

Vivek Ramaswamy’s Strive is seeking to acquire 75,000 Bitcoin, valued slightly over $8 billion, from claims related to the defunct Mt. Gox exchange bankruptcy. In a May 20 regulatory filing , Strive noted that the strategy is intended to purchase Bitcoin at a discount price. It enhances Bitcoin per share and supports the goal of outperforming Bitcoin over the long run, the company filing noted. Further, Strive has partnered with 117 Castell Advisory Group, “to source and evaluate” Bitcoin claims...