#Binance SAFU Fund Asset Conversion – Final Update

Binance has successfully completed the final tranche purchase of 4,545 BTC, finalizing the $1 billion transition of SAFU stablecoin reserves into Bitcoin.

This transition was completed within 30 days of the initial announcement, as committed.

SAFU now holds 15,000 #BTC, worth $1,005,000,000 USD at the time of completion (calculated at a BTC price of $67,000)