Wu Says has learned that, according to encrypted YouTuber MartiniGuyYT, the Bitcoin value currently held by Binance’s SAFU (Secure Asset Fund for Users) has exceeded $1.27 billion. This February, Binance announced the completion of SAFU’s conversion from stablecoins to Bitcoin, purchasing 15,000 BTC for $1 billion at an average price of about $66,667. As the BTC price has risen, the reserve currently shows an unrealized gain of about $270 million on paper. In response, Binance founder CZ said: “This might be pure luck!”