CoinWorld news, the Wormhole Foundation announced on platform X its intention to acquire Stargate and will accelerate the acquisition plan to ensure that holders receive the fair treatment they deserve. The Wormhole Foundation stated that STG holders should receive better treatment, but the current bid undervalues the protocol's assets, brand, codebase, and team, hence they are preparing to submit a meaningful higher offer, believing that the competitive process will bring more value to each participant.