$8 Billion Bitcoin Acquisition Linked to Trump Associate’s Venture

Vivek Ramaswamy, a business associate of former US President Donald Trump, is spearheading a venture that aims to acquire over 75,000 Bitcoins tied to the defunct Mt. Gox exchange. Strive plans to purchase these Bitcoin assets with an estimated value of $8 billion and use them to build a BTC reserve. Strive’s application to the SEC in May disclosed its intention to secure final legal distribution decisions for this bitcoin, partnering with 117 Castell Advisory Group LLC for the acquisition process.