Mt. Gox moves Bitcoin after months of inactivity ahead of repayment deadline
Mt. Gox, the defunct crypto exchange that collapsed in 2014, moved around $500 worth of Bitcoin from wallets it still controls today, its first Bitcoin transfer in four months, according to data from Arkham Intelligence.
MT GOX JUST MOVED… $500
Mt. Gox has moved a total of $500 of BTC today, their first move in over 4 months. They still hold over $2 BILLION of BTC that was originally held by users of the now-defunct exchange.
At current prices, Mt. Gox is up over $10 BILLION on their remaining… pic.twitter.com/Dpz2cJidl3
— Arkham (@arkham) March 23, 2026
The transaction has renewed speculation about the pace of creditor repayments ahead of a court-imposed claims deadline.
Mt. Gox still holds 34,503 Bitcoin worth approximately $2.4 billion at current market prices. BTC traded $68,550 at press time, up 1% in the last 24 hours, per TradingView.
The entity has seen unrealized gains exceeding $10 billion on its remaining holdings since the exchange closed over a decade ago.
The final repayment deadline is October 31, 2026, giving the trustee approximately seven months to complete the remaining distributions.
According to the exchange, most main repayments have already been issued to creditors who have completed all necessary steps, and the Rehabilitation Trustee plans to finish the remaining payouts as reasonably practicable with court approval.