Mt. Gox Extends Repayment Deadline to 2025: A Gradual Impact on Bitcoin Markets

The deadline for the Mt. Gox repayment program has been extended to October 31, 2025, with the distribution of 34,689 BTC now expected to be finalized this far into the future. This extension is raising concerns about potential Bitcoin supply pressure on a larger scale due to the sheer amount involved. However, experts anticipate a gradual market impact as the payments are distributed over time via Bitstamp and Kraken, mitigating immediate concerns about a disruptive event.