🚨 JUST IN: BINANCE SAFU ROTATES INTO BITCOIN
Binance has added 1,315 BTC (~$101M) to its Secure Asset Fund for Users (SAFU) at an average price of ~$76.8K per $BTC , confirmed February 2, 2026.
🔹 This is the first major step in Binance’s new plan to convert its entire $1B SAFU reserve from stablecoins into Bitcoin.
🔹 The move was executed during a market dip, with $BTC briefly trading below $75K before rebounding to $77K–$78K.
🔹 On-chain data shows the BTC was transferred from a Binance hot wallet to a dedicated SAFU address, indicating an internal treasury reallocation, not a public spot-market buy.
📌 Why this matters:
• SAFU protects users during extreme events
• Bitcoin is now being treated as hard collateral, not just a trade asset
• Signals long-term confidence in $BTC as crypto’s base layer
• Reduces reliance on stablecoins amid growing regulatory risk
Binance is making it clear: Bitcoin is the foundation, not the hedge.
#Bitcoin #BTC #Binance #CryptoNews #SAFU