Binance has completed a $1 billion Bitcoin acquisition for its Secure Asset Fund for Users (SAFU), securing a total of 15,000 BTC at an average price near $70,000, according to on-chain analyst Yu Jian.
The purchases were executed in multiple tranches, reflecting a staggered accumulation strategy amid market volatility. The tranche breakdown reported by Yu Jian is as follows:
1,315 BTC for $100 million at $76,045
1,315 BTC for $100 million at $76,045
3,600 BTC for $250 million at $69,444
4,225 BTC for $300 million at $71,006
4,545 BTC for $300 million at $66,006
The final tranche, executed at the lowest price, helped bring the blended average close to $70,000, showcasing Binance’s measured approach to large-scale accumulation while navigating market fluctuations.
This move highlights Binance’s continued commitment to strengthening user protections through SAFU, ensuring liquidity and security for its global user base.
