Strive Ventures to Acquire ‘Distressed’ Bitcoin Claims at Discounted Prices

Asset management firm Strive Enterprises, led by Vivek Ramaswamy, has announced plans to acquire previously settled but unreleased Bitcoin claims. The acquisition will involve partnerships with 117 Castell Advisory Group and target approximately 75,000 BTC from Mt. Gox’s bankruptcy proceedings. Strive aims to benefit from these claims at a discount, enhancing its Bitcoin-per-share metric and potentially achieving long-term outperformance compared to the market price of Bitcoin.