🤔 Strive Plans to Purchase 75,000 BTC from Mt.Gox
Strive has just announced a collaboration with 117 Castell Advisory Group to acquire 75,000 BTC related to the compensation from Mt.Gox — the BTC has been legally confirmed but not yet distributed.
The goal is to increase the amount of BTC per share before the reverse merger with Asset Entities, while also building a strategic Bitcoin reserve at a discounted price.
The transaction requires shareholder approval, in the context of Mt.Gox expected to complete the compensation on 31/10, marking a milestone in restoring confidence after the historic exchange collapse.
💦If successful, this would be a significant advancement in institutional-scale Bitcoin accumulation — both defensive and a long-term strategic move.
