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Strive Plans to Acquire 75,000 BTC from Old Mt. Gox Claims

  • Strive plans to acquire 75,000 BTC by purchasing claims related to the bankruptcy of Mt. Gox before the October 2025 repayment deadline.
  • The acquisition is part of Strive's strategy to go public with a substantial Bitcoin reserve through a reverse merger with Asset Entities Inc.
  • Strive is aiming to secure cheap BTC through this unconventional approach, distinct from traditional methods like spot purchases or ETFs.
  • While the strategy seems ambitious, there are uncertainties regarding the execution and potential risks associated with buying claims from bankrupt exchanges.

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