Also in the application is the company 17 Castell Advisory Group. The point is to purchase bitcoins at a discount. We are talking about customers of the MTGOX exchange, who have already received confirmation of compensation for losses, but the bitcoins themselves have not yet been transferred to their wallets. Therefore, Strive is hoping, people can sell bitcoins cheaper than the current price.
At the market price, now the cost of 75,000 BTC exceeds $ 8.2 billion. In total, more than 750,000 bitcoins were stolen from the MTGOX exchange accounts. In the past, the site generated about 70% of transactions in the Bitcoin network.
“The strategy is aimed at giving Strive the opportunity to purchase bitcoins at a discount from the market price. This will make the company’s assets more valuable and get more profits in the long run, ”the application said.
Earlier, MTGOX extended the deadline for debt repayment to creditors until October 31, 2025.
Source: Bits

I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.