Strive, the venture launched by Vivek Ramaswamy, plans to acquire 75,000 Bitcoin tied to the bankrupt Mt. Gox exchange. These Bitcoins belong to claims cleared for distribution but have yet to be distributed. Strive aims to purchase these coins at a discount and boost its crypto holdings quickly. This acquisition follows a May 20 filing revealing a partnership with 117 Castell Advisory Group to pursue these claims. This move is expected to increase the company’s Bitcoin per-share ratio ahead of its reverse merger with Asset Entities, which is anticipated to close by mid-2025. Strive has not disclosed any Bitcoin holdings yet but claims to have greater flexibility than typical public companies when buying Bitcoin.