So Fortress Investment Group is apparently picking up Mt. Gox creditor claims at $900 per bitcoin. Michael Hourigan's firm basically betting that when those claims finally settle, they'll be worth more. It's wild how Mt. Gox is still a thing after all these years - creditors still waiting for their payouts. I guess at that price point, Fortress sees some margin. Makes you wonder what the actual recovery value looks like if they're willing to buy at that rate. Anyone holding Mt. Gox claims? This could actually move things if more institutional money starts flowing into this.

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