In accordance with BeInCrypto, Mt. Gox has delayed its Bitcoin creditor repayments to October 31, 2026, extending the period during which 34,689 BTC remains locked. The Japanese court approved the one-year extension, citing unresolved administrative issues. This decision avoids an immediate market shock and stabilizes Bitcoin, which rose nearly 4% in the past 24 hours to $115,559. The move follows prior delays in 2023 and 2025, and the extended timeline reduces the risk of a large-scale selloff.
Mt. Gox Delays BTC Repayments to 2026, Easing Sell-Pressure on Bitcoin
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