Overview
- The one-year extension to October 31, 2026 marks the third postponement since the original October 2023 deadline.
- Trustee Nobuaki Kobayashi says base, early lump-sum, and intermediate repayments are largely done for verified creditors, with unresolved cases tied to incomplete steps or processing issues.
- Mt. Gox-linked wallets hold roughly 34,689 BTC valued at about $4 billion, according to Arkham Intelligence, alongside remaining Bitcoin Cash and yen assets.
- Approximately 19,500 creditors have been repaid to date, with distributions routed through platforms such as Kraken and Bitstamp beginning in late 2023 and continuing through 2024–2025.
- Analysts say the delay eases near-term selling pressure yet extends the overhang, as Bitcoin traded near $115,000 after the announcement with a modest daily gain reported by multiple outlets.