Vivek Ramaswamy Sets Sights on Acquiring 75,000 Bitcoin via Corporate Vehicle
Billionaire Vivek Ramaswamy’s financial firm, Strive, has partnered with 117 Castell Advisory Group to acquire Bitcoin claims tied to the bankrupt Mt. Gox exchange at a discounted price.
These claims, totaling 75,000 BTC and worth over $8.2 billion, represent Bitcoin assets awaiting legal distribution. Strive aims to boost its Bitcoin exposure and outperform the market by purchasing these discounted claims. The company also plans to collaborate with Asset Entities to launch the first publicly traded Bitcoin treasury asset management firm.
Clever Robot News Desk 23th May 2025
