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Binance’s SAFU Fund Buys Another $100M in Bitcoin

Published by
Sohrab Khawas

Binance’s Secure Asset Fund for Users (SAFU) has made another big move in its ongoing plan to shift its $1 billion emergency reserve from stablecoins into Bitcoin. The fund added 1,315 BTC worth about $100 million in its latest buy, boosting total two‑day accumulation to 2,630 Bitcoin valued at roughly $201 million. This purchase is part of a 30‑day conversion strategy announced by Binance, reflecting confidence in Bitcoin as a core reserve asset and strengthening user protection in volatile markets.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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