đĄïž SAFU Strength: Binance Adds 4,225 BTC to User Protection Fund đĄïž
Big moves are happening behind the scenes to secure the ecosystem. Binance has just announced another significant addition to its Secure Asset Fund for Users (SAFU), purchasing 4,225 $BTC for approximately $299.6M. đ°
This latest acquisition brings the total SAFU holdings to a massive 10,455 $BTC ! đ
đ The Road to $1 Billion in Bitcoin
This move is part of Binanceâs strategic plan (announced Jan 30, 2026) to convert its entire $1 billion SAFU reserve from stablecoins into Bitcoin.
Why this matters:
Cornerstone Asset: Binance views Bitcoin as the long-term "cornerstone" of the crypto ecosystem's value. đ
Transparency: The funds are held on-chain, allowing anyone to verify the reserves in real-time. đ
Resilience: By rebalancing into BTC, the fund aims to provide a robust insurance layer for users against extreme market events. đĄïž
đ Current Progress
With this latest purchase, the SAFU fund has officially crossed the 10,000 BTC milestone. The exchange is executing these buys incrementallyâroughly $33M per dayâto avoid market disruption while completing the $1B conversion.
đĄ What is SAFU?
Established in 2018, SAFU is an emergency insurance fund designed to protect Binance users in extreme scenarios, such as security breaches.
SAFU Wallet Address: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
Does Binance moving $1B into BTC signal the ultimate bottom for this cycle? Letâs hear your predictions below! đ
