STRIVE EYES MASSIVE 75,000 BITCOIN BUY FROM MT. GOX CLAIMS

- Strive Enterprises, led by Vivek Ramaswamy, plans to acquire up to 75,000 Bitcoins tied to Mt. Gox bankruptcy claims. This comes via a strategic partnership with 117 Castell Advisory Group.

Key Details:

- Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014.

Since then, creditors have been locked in a decade-long wait to recover lost BTC.

- Now, some of those claims—legally settled but unpaid—are becoming available for purchase.

- Strive aims to buy these distressed Bitcoin claims below market price, offering investors discounted BTC exposure.

- The plan is to boost Strive’s Bitcoin-per-share metric and generate long-term returns outperforming direct BTC holding.

- Strive would join ranks with MicroStrategy and others by buying Bitcoin claims at a discount.

Risk Driven Approach:

- Strive targets legally resolved but undistributed claims, mainly the Mt. Gox estate's 75,000 BTC, and possibly similar sources. The filing highlights this as part of a value-driven, risk-managed approach.

- Strive recently merged with Asset Entities Inc., aiming to boost scale and market access.

- The merger is expected to accelerate Strive’s capacity to buy large Bitcoin quantities, supporting its goal to build a substantial BTC treasury.

- Despite the plan’s promise, uncertainties remain. Mt. Gox is still reimbursing creditors, and the mechanics of acquiring these claims at a discount aren’t fully clear.