Strive Enterprises plans a bet calculated on Bitcoin
Discounts. The OHIO -based financial services company said it had concluded a strategic partnership with the 117 Castell Advisory Group to buy Bitcoin distress complaints, in particular those with confirmed legal judgments and pending distributions.
Among the targeted complaints are assets of the infamous MT. Gox bankruptcy in 2014, which has around 75,000 BTC, currently estimated at around 8 billion dollars. As the payments of the old collapse of the decade of Japanese exchange always flow, they represent one of the largest bitcoin pools locked in history.
Plan de Strive: Win an exposure to the BTC at a discount, in order to beat the performance of the long -term BTC prices, according to a Monday depositing with the Securities and Exchange Commission.
The announcement comes in the middle of the wider plans for the company’s asset management unit to merger with the entities of assets listed in NASDAQ (ASST), a decision that would make the Combined Company listed on the stock market. The company would leave its operations under the name of Strive.
The combined company also plans to raise up to $ 1 billion thanks to equity and debt offers to accumulate Bitcoin. The company’s strategies aim to improve its exposure by Action de la BTC.
