Strive Acquires $8 Billion in Distressed Bitcoin Claims from Mt. Gox Bankruptcy

Financial firm Strive Enterprises has announced a strategic partnership with 117 Castell Advisory Group to acquire approximately 75,000 bitcoins ($8 billion) in distressed claims stemming from the Mt. Gox bankruptcy case. This acquisition represents one of the largest pools of unsettled Bitcoin claims in the market and highlights the growing trend among institutional investors for discounted Bitcoin exposure.