Binance plans $1 billion Bitcoin purchases over 30 days using its SAFU user-protection fund.
The structure implies steady BTC buying and automatic dip-buying below $800 million valuation.
Move signals confidence, but SAFU remains centralized and not a corporate Bitcoin treasury.
Binance, the world’s largest crypto exchange on trading volume metrics, announced plans to convert the entire $1 billion reserve of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days. #Binance #news
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Binance Commits $1 Billion SAFU Fund to Bitcoin: But What Does It Really Mean for Price?
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