Mt. Gox Delays Creditor Repayments Again, Pushes Deadline to 2026

Group 1: Mt. Gox Repayment Update - Mt. Gox has extended its repayment deadline to October 31, 2026, due to incomplete procedures affecting creditors [1] - The rehabilitation trustee Nobuaki Kobayashi announced the extension to address unresolved issues impacting numerous creditors [1][2] - Many claimants remain uncompensated because of procedural delays, prompting a court-approved extension to facilitate distributions [2] Group 2: Bitcoin Movements and Market Impact - A significant transaction on March 6 involved the transfer of 11,833.64 BTC worth over $1 billion from Mt. Gox-linked wallets [2] - Approximately 36,080 BTC valued at $3.26 billion is still controlled by exchange-related entities, down from over 850,000 BTC before the 2014 hack [3] - Previous movements included the transfer of about 1,620 BTC in December and over 24,000 BTC earlier, raising speculation about potential creditor distributions or restructuring [4] Group 3: Strive Asset Management's Strategy - Strive Asset Management plans to acquire 75,000 Bitcoin through Mt. Gox bankruptcy claims, valued at approximately $8 billion [5] - The strategy aims to purchase Bitcoin at discounted prices to enhance per-share value and outperform Bitcoin's long-term trajectory [5] - Strive has also announced a $1.34 billion all-stock merger with Semler Scientific, adding nearly 5,816 BTC to its holdings [6]