MtGox债权收购
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Strive Asset Management plans to acquire $8 billion in Mt.Gox claims, fully entering the Bitcoin asset management field
Asset management company Strive Asset Management plans to acquire claims valued at approximately $8 billion for 75,000 Bitcoins held by the bankrupt cryptocurrency exchange Mt.Gox. These claims have been legally approved but have not yet been distributed.
On May 20, Strive announced in a filing with the U.S. Securities and Exchange Commission (SEC) that it has partnered with 117 Castell Advisory Group LLC to specifically identify and assess bad Bitcoin claims legacies like Mt. Gox.
Strive stated that its strategy aims to enhance asset value by acquiring these claims at prices below market value, thereby supporting its long-term goal beyond Bitcoin. To facilitate the transaction, Strive plans to submit a detailed document to the SEC outlining the specific terms of the acquisition proposal.
Meanwhile, Strive announced an impending merger with its social media marketing company Asset Entities (ASST) to create the first publicly-listed asset management company focused on Bitcoin. The new company will operate under the ASST brand and plans to adopt a Bitcoin fund management strategy.
Strive also plans to utilize Section 351 of the U.S. tax code, allowing investors to exchange Bitcoin for stock for tax savings and increase the per-share Bitcoin holdings. Additionally, the company intends to raise up to $1 billion through the issuance of stocks and bonds for the purpose of purchasing Bitcoin while minimizing shareholder dilution.
Mt.Gox was once the largest Bitcoin exchange in the world, which collapsed in 2014 after multiple security breaches led to the theft of approximately 750,000 Bitcoins, ending its glorious history of handling about 70% of Bitcoin transactions worldwide. This incident triggered the platform's bankruptcy filing and initiated a lengthy creditor compensation restructuring process.
Notably, since Mt.Gox, the Japanese exchange, plans to complete all repayments by October 31, Strive must obtain shareholder approval before that date.
Do you think Strive can successfully acquire Mt. Gox's Bitcoin claims? If the acquisition is successful, what impact will it have on the Bitcoin market? Leave your thoughts in the comments!
#StriveAssetManagement #MtGox债权收购 #比特币投资
Asset management company Strive Asset Management plans to acquire claims valued at approximately $8 billion for 75,000 Bitcoins held by the bankrupt cryptocurrency exchange Mt.Gox. These claims have been legally approved but have not yet been distributed.
On May 20, Strive announced in a filing with the U.S. Securities and Exchange Commission (SEC) that it has partnered with 117 Castell Advisory Group LLC to specifically identify and assess bad Bitcoin claims legacies like Mt. Gox.
Strive stated that its strategy aims to enhance asset value by acquiring these claims at prices below market value, thereby supporting its long-term goal beyond Bitcoin. To facilitate the transaction, Strive plans to submit a detailed document to the SEC outlining the specific terms of the acquisition proposal.
Meanwhile, Strive announced an impending merger with its social media marketing company Asset Entities (ASST) to create the first publicly-listed asset management company focused on Bitcoin. The new company will operate under the ASST brand and plans to adopt a Bitcoin fund management strategy.
Strive also plans to utilize Section 351 of the U.S. tax code, allowing investors to exchange Bitcoin for stock for tax savings and increase the per-share Bitcoin holdings. Additionally, the company intends to raise up to $1 billion through the issuance of stocks and bonds for the purpose of purchasing Bitcoin while minimizing shareholder dilution.
Mt.Gox was once the largest Bitcoin exchange in the world, which collapsed in 2014 after multiple security breaches led to the theft of approximately 750,000 Bitcoins, ending its glorious history of handling about 70% of Bitcoin transactions worldwide. This incident triggered the platform's bankruptcy filing and initiated a lengthy creditor compensation restructuring process.
Notably, since Mt.Gox, the Japanese exchange, plans to complete all repayments by October 31, Strive must obtain shareholder approval before that date.
Do you think Strive can successfully acquire Mt. Gox's Bitcoin claims? If the acquisition is successful, what impact will it have on the Bitcoin market? Leave your thoughts in the comments!
#StriveAssetManagement #MtGox债权收购 #比特币投资
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