# Bitcoin Office

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/bitcoin-office
Canonical HTML page: https://getfinancebrief.com/entity/bitcoin-office

## Timeline

- **2026-09-05**: Holdings reported — Bitcoin Office reports 7,762 BTC worth about US$620 million.
- **2025-07-31**: Chivo phase-out deadline — State digital wallet required to exit public-sector operation under IMF terms.
- **2025-05-01**: Reforms take effect — Approximately 90 days after publication, legal changes became effective, ending mandatory BTC acceptance.
- **2025-01-29**: Legislative Decree No. 199 passed — Reform ended compulsory acceptance, repealed bitcoin tax payments, and removed fixed-rate conversion requirement.
- **2024-12**: IMF programme agreed — El Salvador reached a $1.4 billion, 40-month agreement with the IMF conditioned on bitcoin policy changes.
- **2021-06-08**: Bitcoin Law enacted — El Salvador made bitcoin legal tender, requiring merchants to accept it.

## Recent coverage (1 stories)

### El Salvador's $620M Bitcoin Holdings Frozen by $1.4B IMF Program
2026-09-06 00:36:39 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

El Salvador's $1.4 billion IMF program has ended compulsory Bitcoin acceptance and bars voluntary public-sector accumulation, but the state still reports $620 million in BTC. Merchants may refuse BTC and taxes must be paid in dollars, shifting day-to-day currency dynamics. Investors are watching whether sovereign crypto holdings become a risk asset under program oversight.
Full story: https://getfinancebrief.com/story/el-salvador-620m-bitcoin-imf-program

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