Ramaswamy's Strive Aims for 75,000 BTC from Mt. Gox in Bitcoin Reserve Strategy

Strive Enterprises, co-led by Vivek Ramaswamy, is seeking to acquire Bitcoin claims, including 75,000 BTC from the Mt. Gox estate, in a bid to boost its Bitcoin reserves. The company's partnership with 117 Castell Advisory Group aims to evaluate and purchase these claims, which could be valued at $8 billion. This move is part of a broader strategy to enhance Bitcoin holdings at a lower cost. Mt. Gox, which went bankrupt in 2014, is set to repay creditors by October 2025. Strive's merger with Asset Entities is expected to create the first publicly traded Bitcoin-focused asset management firm.