Binance’s SAFU fund, the exchange’s safety net designed to protect users in case of hacks or big losses has added another 4,225 BTC (worth roughly $300 million) to its reserves. This brings the fund’s total Bitcoin holdings to 10,455 $BTC .
This move is part of Binance plan to convert up to $1 billion of SAFU’s stablecoin reserves into Bitcoin over 30 days. The goal is simple: strengthen the fund by holding more Bitcoin, a secure and transparent asset.
Interestingly, these BTC additions came mostly from internal transfers within Binance wallets, so there wasn’t a big impact on the overall market.
By increasing Bitcoin in the SAFU fund, Binance is making its safety reserve stronger and giving users more confidence that their assets are well protected, even during market turbulence.
