Bitcoin Bet: Strive's Gambit for Mt. Gox Gold

Vivek Ramaswamy’s Strive aims to bolster its Bitcoin coffers by securing discounted claims from the defunct Mt. Gox, targeting 75,000 BTC. Strive, alongside 117 Castell Advisory Group LLC, will require shareholder approval to capitalize before Mt. Gox repays creditors by October 31. This move to become a Bitcoin treasury echoes a broader trend of firms stockpiling crypto assets. The reverse merger between Strive and Asset Entities (ASST) is boosting ASST’s market cap and could spearhead more corporate crypto ventures.