Binance Strengthens Bitcoin Holdings: Total $201M BTC Acquired

On February 4th, Binance, the world's largest cryptocurrency exchange, purchased an additional 1,315 Bitcoin (BTC) worth $100.42 million. 🛡️ This BTC is added to the exchange's SAFU fund. After this transaction, the total amount of BTC held by Binance has reached 2,630 BTC, with an estimated total value of $201.12 million.

Binance also plans to convert $1 billion from stablecoin to Bitcoin within the next 30 days. 💰 These strong buying actions by Binance in the context of a volatile market could be seen as a noteworthy signal from one of the largest organizations in the industry.