According to ChainCatcher, Salvadoran President Nayib Bukele announced on the X platform that the country has accepted a debt repurchase offer totaling approximately US$940 million.

Previously, the Salvadoran government proposed to repurchase sovereign bonds due between 2027 and 2052 at a price slightly higher than the market price or close to the par value. This move is believed to have a positive impact on Bitcoin prices and enhance the country's ability to support Bitcoin investment.

El Salvador has been actively exploring the field of cryptocurrency, and this debt repurchase further demonstrates its determination as a cryptocurrency advocate. In the future, Bitcoin may be more widely used in the country.