Strive Seeks To Expand Bitcoin Reserves Through Mt. Gox Claims

Vivek Ramaswamy’s investment firm, Strive, is aiming to significantly boost its Bitcoin holdings by purchasing distressed claims associated with the failed crypto exchange Mt. Gox. The company intends to leverage these claims to acquire Bitcoin at a discounted price and increase their share of Bitcoin before completing a planned reverse merger with Asset Entities. This strategy could see them accumulate millions of dollars worth of Bitcoin in anticipation of this merger, which is set for completion by mid-2025.