**Mt. Gox Bitcoin Unlock Delayed Again — But This Time, It Could Be Good News for the Crypto Market**
The long-awaited unlocking of Mt. Gox Bitcoin has been postponed once more. However, this delay may actually bring some positive effects to the cryptocurrency market.
On Monday, the rehabilitation trustee of the now-defunct exchange announced that the repayment deadline has been extended to October 31, 2026. This means thousands of creditors who have been waiting to recover lost funds will need to wait even longer.
### Mt. Gox Repayments Delayed Until 2026 as Creditors Await Recovery
According to the latest update, Mt. Gox has repaid approximately 19,500 creditors through a combination of base repayments, early lump-sum payments, and intermediate repayment programs. These distributions were made only to those creditors who completed all the necessary eligibility procedures.
However, a significant number of creditors remain unpaid due to incomplete documentation and processing delays. As a result, the Tokyo District Court approved another extension to the repayment deadline. This marks the third major delay since the initial repayment schedule was set for October 31, 2023.
Despite growing frustration among creditors, the trustee emphasized that the new deadline ensures repayments will be made “to the extent reasonably practicable.”
### Mt. Gox Still Holds $4 Billion in Bitcoin
Blockchain data from Arkham Intelligence reveals that Mt. Gox still holds 34,689 BTC, valued at about $4 billion, in its official wallet. The exchange has confirmed plans to distribute a portion of its recovered assets, which include:
– 142,000 BTC
– 143,000 Bitcoin Cash (BCH)
– 69 billion Japanese yen (approximately $510 million) in fiat currency
While several creditors have received repayments through exchanges like Kraken and Bitstamp since mid-2024, a large sum remains untouched.
With repayments now delayed until 2026, $4 billion worth of potential sell pressure has effectively been removed from the market for at least another year.
### Why the Mt. Gox Repayment Delay Could Be Bullish for Bitcoin
Had the Mt. Gox Bitcoin unlock happened as initially planned this month, even a small portion of the 34,000+ BTC hitting exchanges could have caused significant sell pressure, potentially shaking market confidence.
The postponement brings several benefits:
– Less BTC supply available on exchanges over the next 12 months
– Reduced risk of panic selling from decade-old wallets
– Removal of a major bearish overhang from the market
“The Mt. Gox delay removes a massive psychological burden from Bitcoin investors,” said one market analyst. “It’s one less thing for traders to worry about while the macro outlook is turning positive.”
### Timing Favors Bulls: Fed Signals Liquidity Is Returning
The timing of this extension couldn’t be better for Bitcoin bulls. The U.S. Federal Reserve recently hinted at an end to quantitative tightening (QT) and signaled possible interest rate cuts in 2026. Meanwhile, trade tensions between the U.S. and China seem to be easing.
All of these factors suggest liquidity is returning to the market.
Combined with the Mt. Gox delay, the reduced selling pressure and improving macroeconomic conditions could create an ideal setup for Bitcoin’s next bullish phase.
As one trader put it:
“No Mt. Gox dump, falling rates, and rising liquidity — this is the kind of alignment we wait years for.”
### What’s Next for Mt. Gox Creditors?
With repayments now postponed until October 31, 2026, creditors face another year of uncertainty. Still, for the broader crypto market, this delay removes billions in potential selling pressure and serves as a temporary bullish catalyst that could help stabilize Bitcoin’s price in the upcoming months.
Partial repayments demonstrate progress, but the final resolution of the Mt. Gox bankruptcy — more than a decade after its collapse — remains a work in progress.
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*Stay tuned for more updates as the situation develops.*
https://coinpedia.org/news/mt-gox-repayment-delayed-again-4b-bitcoin-unlock-now-in-2026/