The trustee overseeing Mt. Gox has announced a postponement for the repayment of creditors, delaying it until October 31, 2025. This extension aims to relieve immediate worries about Bitcoin supply impacts as the exchange still retains substantial assets.

Mt. Gox was the largest cryptocurrency exchange before its collapse due to a major hack in 2014. Recently, it began the process of repaying approximately $9 billion in recovered assets to its creditors. As of now, the remaining wallets affiliated with Mt. Gox hold around 44,900 Bitcoins, valued at approximately $2.8 billion, according to Arkham Intelligence.

In a statement, the trustee emphasized that several creditors still await their repayments. "Many rehabilitation creditors still have not received their repayments due to incomplete necessary procedures or other complications."

Earlier in the year, news regarding Mt. Gox's plans resulted in adverse effects on Bitcoin prices, prompting concerns about how much of the recovered assets creditors might sell. The recent delay could alleviate these concerns, with analysts suggesting that this action moderates the likelihood of price volatility once these significant assets enter the market.