In the countdown to the new year, private equity and hedge fund manager Fortress Investment Group is redoubling its efforts to buy up Bitcoin (BTC) claims from Mt. Gox creditors.
A Bloomberg report on Dec. 19 alleged that Fortress’s offer is now roughly 13.5% lower than an initial bid it extended to creditors earlier this year — down to $778 per Bitcoin claim as opposed to a former $900. Creditors have until Dec. 31 to decide whether to accept the firm’s proposal.