#Binance  attacks the dip like a shark!

It purchases 3,600 BTC for $250 million for the #SAFU and raises its reserves to 6,230 BTC in the midst of the crypto storm

@binance completed the acquisition of 3,600 #BTC for the SAFU Fund, using stablecoins worth approximately $250 million (mainly $USDT/ $USDC), at an effective average price of around $69,444 per BTC.

The public wallet now contains 6,230 $BTC in total, with a current value of the BTC holding in SAFU of $412.89 million.

This is the third large purchase in a week (following 1,315 BTC for $100 million each in previous batches), as part of the plan announced in late January 2026 to convert $1 billion of SAFU reserves (previously mostly in stablecoins) to Bitcoin within 30 days.

Binance seeks to diversify and strengthen the user protection fund with BTC as a long-term reserve asset, with an additional commitment that if the value of the fund falls below $800M due to volatility, Binance will replenish it up to $1 billion.