Mt. Gox to Release $9 Billion in Bitcoin to Creditors After Decade-Long Bankruptcy

Analysts predict short-term market impact as creditors decide between cashing out or holding on to gains.

Mt. Gox will begin distributing $9 billion in bitcoin and bitcoin cash to roughly 20,000 creditors.
The exchange collapsed in 2014 after losing up to 950,000 bitcoins in a series of hacks.
Bitcoin prices recently fell amid concerns over the large-scale disbursement.
Analysts expect some creditors to sell their bitcoin, potentially affecting market prices.
Market liquidity and varied recipient strategies may mitigate long-term impacts.