🔥 JUST IN — Binance SAFU Fund Buys Another 3,600 BTC (~$233M) as Part of Long-Term Reserve Strategy
According to on-chain data tracked by blockchain analytics, Binance’s Secure Asset Fund for Users (SAFU) has continued its Bitcoin accumulation program, adding 3,600 BTC ($233 million) to its reserves. This brings the total BTC holdings in SAFU to ~6,230 BTC — a major accumulation already underway.
📌 What’s Driving This Move:
• Binance is actively shifting its SAFU fund’s assets from stablecoins into Bitcoin as part of a broader $1 billion conversion plan announced at the end of January.
• The strategy isn’t just buying spot BTC, it’s a long-term confidence play — stacking Bitcoin as a resilient value store for user protection reserves.
• Previous batches in this plan have also added BTC in chunks (~1,315 BTC in each of the earlier phases).
💡 Important Context:
SAFU was originally created in 2018 as an insurance cushion for users during extreme events (like hacks or platform outages). The shift to BTC-denominated reserves reflects a strong conviction in Bitcoin’s long-term role in crypto markets.
🔥 Binance SAFU just scooped 3,600 BTC ($233M) — total reserve now ~6,230 BTC.
💬 While BTC dips, the SAFU whales stack. 🐋
Binance isn’t just protecting users — it’s HODLing with conviction. 🛡️💪
6,230 BTC in the SAFU vault is a confidence signal, not a short-term trade. 🚀🪙
#Bitcoin #BTC #SAFU #Binance #StackingTheDip ✔️ Not financial advice — but when big players accumulate during dips, smart traders watch closely.
$BTC