PANews reported on May 21 that according to Cointelegraph, Strive disclosed in a regulatory filing on May 20 that it plans to cooperate with 117 Castell Advisory Group to acquire 75,000 BTC related to Mt.Gox claims that have been determined to be legal but not yet distributed, in order to establish its Bitcoin reserves at a discount. The operation is intended to increase the BTC weight per share before its reverse merger with Asset Entities. Mt.Gox is expected to complete the compensation by October 31, and the transaction still needs shareholder approval.
Strive plans to acquire Mt.Gox's claim rights to obtain 75,000 BTC to build a Bitcoin vault
Share to:
Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
PA一线8 minute agoPA一线46 minute ago
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
AI Agent: The Journey to Web3 Intelligence
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this intelligent journey together
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?