Mt. Gox’s prolonged repayment saga extends into 2026, keeping 34,000 BTC off the market and easing near-term sell pressure.
The move delays what would have been a supply shock to the Bitcoin market for the third time. It was initially set for October 31, 2023, and October 2025 after that.
Mt. Gox Repayment Extension Eases Immediate Bitcoin Sell-Off FearsBitcoin rose nearly 4% in the past 24 hours to trade at $115,559 as of press time. The move follows defunct exchange Mt. Gox again, delaying its long-awaited creditor repayments by another year, now set for October 31, 2026.
INTEL: Mt. Gox has delayed creditor repayments by another year, now due Oct 2026. The exchange still holds 34,689 BTC awaiting distribution.
— Solid Intel