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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
If you've been scrolling past crypto headlines wondering what the CLARITY Act actually is, here's…
The crypto market has dropped 2.8% in the past 24 hours to $2.24 trillion, with…
Galaxy Research has lowered the probability of the Clarity Act becoming law in 2026 from…
SpaceX stock price fell to a record low of $108.66, nearly 50% below its post-IPO…
TRON has emerged as one of the strongest-performing cryptos with a consistent upswing. The token…
As artificial intelligence reshapes digital infrastructure, Hut 8 Corp. (NASDAQ: HUT) is positioning itself beyond…
