Strive Seeks Discount Bitcoin Through Mt Gox Claims

Strive Enterprises, a cryptocurrency asset management firm founded by entrepreneur Vivek Ramaswamy, is developing a unique strategy to gain exposure to Bitcoin at a discount. The company plans to acquire distressed claims from the defunct Japanese exchange, Mt Gox, which has billions of dollars in unclaimed Bitcoin, according to SEC filings. By partnering with 117 Castell Advisory Group LLC, Strive aims to purchase these claims and capitalize on their discounted value. This strategy will allow them to gain exposure to Bitcoin without significantly impacting share price.