
PANews|May 21, 2025 01:20
Strive plans to acquire Mt. Gox's claim rights to acquire 75000 BTC and build a Bitcoin vault
On May 20th, Strike disclosed in a regulatory filing that it plans to acquire 75000 BTC related to Mt Gox claims that have been deemed legal but have not yet been distributed through a partnership with 117 Castell Advisory Group, in order to establish its Bitcoin reserves at a discount. This operation aims to increase the proportion of BTC per share before its reverse merger with Asset Entities.
Mt. Gox is expected to complete the compensation before October 31st, and the transaction still requires shareholder approval.
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