Odaily Planet Daily News: The company Strive, owned by Vivek Ramaswamy, plans to acquire claims related to the bankrupt cryptocurrency exchange Mt. Gox at a discounted price to obtain Bitcoin, targeting 75,000 Bitcoins. In regulatory filings submitted on May 20, Strive stated that it has partnered with 117 Castell Advisory Group LLC to acquire Bitcoin claims that have received final legal rulings but have not yet been distributed. This move aims to increase Bitcoin holdings at a discount before the completion of the reverse merger between Strive and Asset Entities, thereby enhancing the per-share Bitcoin holding. Strive needs to obtain shareholder approval to proceed with this acquisition, which is expected to seek approval before the compensation to creditors of Mt. Gox is completed by October 31. This strategy reflects an industry trend of increasing companies incorporating Bitcoin as a long-term strategic asset on their balance sheets. (Cointelegraph)

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