(Details below)👇
🧾 What Happened
Binance has finished converting its $1 billion SAFU emergency reserve fund entirely into Bitcoin (BTC). The plan was publicly announced at the end of January 2026 and completed within the 30-day timeline.
The final tranche involved purchasing 4,545 BTC, bringing total holdings to 15,000 BTC, worth just over $1 billion at current prices.
💡 Why It Matters
SAFU was created as a user protection/insurance fund — previously holding stablecoins to ensure predictable liquidity in events like hacks or system failures.
Converting to Bitcoin shifts the reserve into a volatile asset, signaling confidence in BTC as a long-term core reserve.
Binance has said it will top up the fund if its BTC-denominated value falls below a set floor (e.g., $800 million) to maintain protection levels.
📊 Key Figures
Total BTC acquired: 15,000 BTC
Approximate value: ~$1 billion
Conversion duration: Completed within ~30 days
Purpose: Emergency user protection fund now held in BTC instead of stablecoins.
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