Binance SAFU Fund Adds $300M in Bitcoin
Binance’s Secure Asset Fund for Users (SAFU), created after the 2019 hack to protect customers, bought an additional 4,225 BTC worth about $300 million, bringing total holdings to 10,455 BTC valued at around $734 million. This purchase is part of a plan announced on January 30, 2026, to convert $1 billion in stablecoin reserves into Bitcoin within 30 days. The move highlights Binance’s confidence in Bitcoin as a long-term store of value despite recent market dips from over $76,000.
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