Strive is aiming to purchase discounted Bitcoin by obtaining distressed claims from sources like Mt. Gox. The firm is leveraging a strategic partnership to acquire Bitcoin at prices below market value, hoping to enhance its portfolio.
However, the success of purchasing Bitcoin from Mt. Gox is uncertain due to ongoing reimbursement processes. Ramaswamy’s firm could benefit from acquiring this Bitcoin cheaply, presenting a potential business opportunity, though risks remain.
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