Iron Shield!
Binance secures its SAFU fund with a mega purchase of 4.225 BTC
In a move that reaffirms its commitment to user security, #Binance has taken a decisive step in restructuring its emergency reserves. The platform confirmed today the acquisition of an additional 4.225 #BTC , a transaction valued at approximately $300 million.
With this deployment, the exchange giant accelerates its transition plan to convert its insurance fund into a reserve entirely dominated by the market's most solid digital asset, Bitcoin.
Operation #safu
Accumulated firepower: The official address of the SAFU fund (1BAuq7...WQkD) now holds a total of 10.455 BTC.
Treasury valuation: At the current price, these holdings represent approximately $736.38 million in #bitcoin pure.
Goodbye to Stablecoins: This purchase was financed through the conversion of $300 million in stablecoins (previously USDC), marking the end of reliance on fiat-linked assets in its security fund.
30-day countdown: Binance is on track to complete the total conversion of the $1 billion SAFU fund into Bitcoin within the originally announced 30-day deadline at the end of January 2026.
On-Chain Transparency: Recent activity shows a steady flow of purchases from Binance's hot wallets to the SAFU wallet, allowing any user to verify the fund's solidity in real-time through the network.
