Mt. Gox Delays Bitcoin Repayments Again, Extends Creditor Deadline to October 2026

Quick Breakdown 

• Repayment deadline extended from October 31, 2025, to October 31, 2026, marking the third delay.
• 19,500 creditors have received repayments, but many remain pending due to procedural issues.
• Mt. Gox still holds 34,680 BTC (≈$4B), keeping the market alert for future selloff risks.

Mt. Gox pushes repayment date once more

Just when creditors were preparing for long-awaited closure, Mt. Gox has delayed its Bitcoin repayment schedule yet again. The now-defunct exchange announced on October 27 that the repayment deadline has been extended from October 31, 2025, to October 31, 2026, marking the third postponement in its decade-long rehabilitation process.

Source: Mt. Gox

 

According to the statement from the Rehabilitation Trustee, the extension was approved by a Japanese court to ensure that all eligible creditors — including those facing procedural or technical issues — can receive their funds.

Partial repayments completed, but many still waiting

The trustee noted that base, early lump-sum, and intermediate repayments have been largely completed for compliant creditors. So far, about 19,500 creditors have successfully received their repayments. However, a “considerable number” remain unpaid due to documentation errors, unverified information, or technical complications during the process.

The trustee emphasized that the new timeline would allow time to address these issues and complete all pending verifications before the final disbursements.

A long road from collapse to compensation

Founded in 2010 in Tokyo, Mt. Gox once handled over 70% of global Bitcoin transactions, making it the largest exchange of its era. That dominance came to an abrupt end in 2014, when it lost 850,000 BTC (worth around $500 million then) in what was later identified as a years-long hacking incident.

The fallout forced the company into bankruptcy, freezing investor funds and sparking one of the longest legal and recovery efforts in crypto history. Creditors waited nearly a decade before the first repayments began in December 2023.

As of October 2025, Mt. Gox reportedly holds around 34,680 BTC, valued at roughly $4 billion. Earlier this year, blockchain analysts tracked significant Bitcoin movements from Mt. Gox wallets, fueling market speculation that wider repayments were imminent — a process that partially materialized in July 2025.

While the extension offers breathing space for creditors and administrators, it also prolongs uncertainty in the broader Bitcoin market. Many traders remain cautious, fearing potential large-scale selloffs once repayments resume in full.

 

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