Mt. Gox Delays Repayments to 2026 as Trump-Backed American Bitcoin Adds 1,414 BTC

Mt. Gox, the defunct cryptocurrency exchange, has announced a significant delay in its Bitcoin repayment plan, pushing the anticipated distributions to creditors to 2026. This development coincides with a notable acquisition of Bitcoin by American Bitcoin (ABTC), a company associated with Donald Trump, which has purchased 1,414 BTC. This substantial purchase has subsequently driven ABTC shares higher.