Mt. Gox Continues to Delay Bitcoin Debt Repayments as Creditors Wait
Accordingly, Mt. Gox postponed repayments to creditors until October 2026 due to administrative and technical difficulties. Although some creditors have received repayments, many are still waiting, and the Tokyo court has approved an extension.
Delayed Bitcoin Debt Repayment Extended to 2026
Mt. Gox's administrator said most of the payments have been processed, but some are still pending. Because more time is needed to complete them, the court has extended the repayment deadline to October 31, 2026 .
The event opens a new chapter in the long recovery of Mt. Gox – the exchange that once accounted for more than 70% of global Bitcoin transactions , collapsed in 2014 after a hack that lost 850,000 BTC and declared bankruptcy in Japan .
How the Mt. Gox Collapse Reshaped Bitcoin History
The collapse of Mt. Gox in 2014 shook confidence in cryptocurrencies, leaving 650,000 BTC missing, although 200,000 BTC were recovered.
The Japanese court-supervised civil rehabilitation process will begin redistributing BTC and BCH from 2024. The case becomes a turning point in regulation, investor protection and global exchange governance.
Market impact and sell-off fears
Mt. Gox's 2026 repossession raises concerns of BTC selling pressure, but on-chain data suggests the impact may be limited.
Mt. Gox currently holds 34,690 BTC (~$4 billion), down more than 75% from 2024, and the majority of creditors are said to have chosen to hold on rather than sell outright.