{"id":24159,"date":"2025-05-21T15:16:52","date_gmt":"2025-05-21T12:16:52","guid":{"rendered":"https:\/\/forklog.com\/en\/strive-asset-management-eyes-acquisition-of-75000-btc-claims-from-mt-gox\/"},"modified":"2025-05-21T15:16:52","modified_gmt":"2025-05-21T12:16:52","slug":"strive-asset-management-eyes-acquisition-of-75000-btc-claims-from-mt-gox","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strive-asset-management-eyes-acquisition-of-75000-btc-claims-from-mt-gox\/","title":{"rendered":"Strive Asset Management Eyes Acquisition of 75,000 BTC Claims from Mt. Gox"},"content":{"rendered":"<p>Strive Asset Management, associated with Vivek Ramaswamy, plans to acquire at a discount <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1955745\/000095010325006216\/dp229032_425-117agmt.htm\">claims to 75,000 BTC<\/a> from the <a href=\"https:\/\/forklog.com\/en\/news\/mt-gox-transfers-1-billion-in-bitcoin\">bankrupt exchange Mt. Gox<\/a> to establish a bitcoin reserve.<\/p>\n<p>Castell Advisory Group LLC is acting as an advisor in the potential deal.<\/p>\n<p>The firm anticipates the commencement of claim distribution for the platform&#8217;s assets in the near future.<\/p>\n<p>If the coins are purchased at a discount, Strive Asset Management will increase the bitcoin-to-share ratio ahead of the planned reverse merger with Asset Entities, set for mid-year.<\/p>\n<p>According to the company&#8217;s statement, acquiring the first cryptocurrency will involve fewer restrictions than those faced by organizations going public through a merger with an <a href=\"https:\/\/ru.wikipedia.org\/wiki\/SPV\" title=\"\">SPV<\/a>.<\/p>\n<p>The purchase of digital gold is subject to shareholder approval following the submission of the relevant document to the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>.<\/p>\n<p>Experts at Bernstein believe the bitcoin strategy is <a href=\"https:\/\/forklog.com\/en\/news\/bernstein-forecasts-corporate-bitcoin-holdings-to-reach-330-billion\">not applicable<\/a> to every project. The most suitable candidates are companies with low growth rates and high levels of cash.<\/p>\n<p>Analysts suggest that by 2029, corporations will increase the amount of digital gold on their balance sheets to $330 billion, with Strategy remaining the leader in acquisitions.<\/p>\n<p>Earlier, Twenty One Capital, established by Cantor Fitzgerald with a charter fund of 42,000 BTC, <a href=\"https:\/\/forklog.com\/en\/news\/twenty-one-capital-aims-to-challenge-bitcoin-giants\">aims<\/a> to challenge Michael Saylor&#8217;s corporation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strive Asset Management, associated with Vivek Ramaswamy, plans to acquire at a discount claims to 75,000 BTC from the bankrupt exchange Mt. Gox to establish a bitcoin reserve. Castell Advisory Group LLC is acting as an advisor in the potential deal. The firm anticipates the commencement of claim distribution for the platform&#8217;s assets in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1538,136],"class_list":["post-24159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-purchase","tag-mtgox"],"aioseo_notices":[],"amp_enabled":true,"views":"73","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24159"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24158"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}