People familiar with the matter: Mt. Gox's largest creditor chooses to be paid in September and plans to hold the paid assets

According to Bloomberg, citing sources, Mt. Gox’s largest creditor, Mt. Gox Investment Fund (Mt. Gox Investment Fund), plans to hold rather than sell Bitcoin that will be paid this year. The fund opted to receive an early payment in September rather than wait for all litigation to be resolved before receiving compensation. It will receive 90 percent of Mt. Gox’s remaining assets in roughly 70 percent bitcoin and 30 percent cash, and it’s unclear how much bitcoin the fund expects to receive. Foresight News previously reported that Mt. Gox creditors must pay in March Decide before the 10th whether to choose the September payout or wait longer to recover a higher percentage of claims.