On February 9, Binance's SAFU fund address acquired an additional 4,225 BTC. According to BlockBeats On-chain Detection, this purchase increases the fund's total holdings to 10,455 BTC. Previously, on January 30, Binance announced plans to gradually convert its $1 billion stablecoin reserve into Bitcoin over a 30-day period. The company stated that if market fluctuations cause the value to drop below $800 million, they will supplement with BTC to restore the reserve to $1 billion.