Strive Acquires Bitcoin from Mt. Gox Claims for Strategic Market Stabilization

Strive Asset Management, headed by Vivek Ramaswamy, is leveraging a strategic partnership with 117 Castell Advisory Group LLC to acquire discounted Bitcoin from the remaining claims of the defunct cryptocurrency exchange Mt. Gox. This ambitious approach aims to stabilize the cryptocurrency market and secure significant Bitcoin holdings for their long-term strategy. The goal is to acquire approximately 75,000 Bitcoin at a discounted price to market value, further boosting the firm’s own Bitcoin holdings while providing liquidity to creditors involved in Mt. Gox’s bankruptcy proceedings.