Strive Aims to Secure $30 Billion in Bitcoin from Mt. Gox Claims

Vivek Ramaswamy’s Strive is acquiring distressed Bitcoin claims at a discounted rate, with its first target being 75,000 BTC related to the bankrupt crypto exchange Mt. Gox. The company aims to utilize these claims to bolster its Bitcoin holdings as it prepares for a reverse merger with Asset Entities, expected to be finalized later this year. This strategy reflects a growing trend within the industry of firms seeking to hold Bitcoin on their balance sheets as a long-term strategic asset.