Binance Completes $1B Bitcoin Buy for SAFU Fund! đ
Binance just wrapped up its massive plan: They've now fully converted $1B from stablecoins into Bitcoin for the Secure Asset Fund for Users (SAFU) â the emergency reserve that protects user assets.
đ„ Latest move: +4,545 BTC (worth ~$305M) in the final tranche
đ Total SAFU holdings: 15,000 BTC
đ° Current value: Approximately $1 Billion (depending on live BTC price