According to @rovercrc, U.S.-based Strive plans to purchase over 700 million dollars of Bitcoin (BTC) after going public, as stated in a post on X dated Aug 28, 2025; source: @rovercrc on X. The post does not include timing, execution method, funding details, or links to supporting documentation such as company filings, leaving the claim unverified at the time of posting; source: @rovercrc on X. Given the lack of attached documentation in the post, traders may treat this as headline-only until official confirmation from the company appears in public filings or press releases; source: @rovercrc on X.

According to Crypto Rover, Strive has successfully raised $750 million to build a Bitcoin ($BTC) treasury and is planning to purchase Mt. Gox creditor claims in an effort to outperform Bitcoin's returns. This move indicates significant institutional interest in distressed crypto assets and may increase upward pressure on BTC prices as Strive accumulates tokens through secondary markets. Traders should monitor the potential impact on Bitcoin liquidity and price volatility as large claims are acquired and settled. (Source: Crypto Rover Twitter, May 27, 2025)