- Asset manager Mt. Gox has delayed its creditor repayment deadline by one year to Oct. 31, 2025, according to a statement on Mt. Gox’s website.

- Mt. Gox, once the world’s largest cryptocurrency exchange, began repaying about $9 billion in assets in July this year after years of delays.

- Mt. Gox’s crypto wallets still contain 44,900 bitcoins worth $2.8 billion.

- The delay could ease short-term concerns about oversupply in the market, according to Coinbase analysts.