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      tldr; Strive has announced a $750 million private investment to purchase Bitcoin and deploy alpha-generating strategies. The PIPE round, priced at $1.35 per share, represents a 121% premium over the pre-announcement closing price. The company plans to focus on long-term Bitcoin outperformance through strategies like acquiring undervalued biotech companies, distressed Bitcoin claims, and discounted structured BTC credit. Strive also aims to secure $7.9 billion in Bitcoin claims from the defunct Mt. Gox exchange.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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