Conversion of the assets of the SAFU fund from #Binance – Final update

Binance has successfully completed the purchase of the final tranche of 4,545 BTC, thus completing the transition of one billion dollars of reserves from the SAFU fund into Bitcoin.

This transition was accomplished within 30 days of the initial announcement, as promised.

The SAFU fund now holds 15,000 #BTC, valued at 1,005,000,000 USD at the time of finalization (calculated based on a BTC price of $67,000).

SAFU BTC address:

1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD

Last TXID (transaction identifier):

https://blockchain.com/en/explorer/transactions/btc/5a600ed820d66d696b606aeadadb4b36b7c447d812f9edac8592d6aeac20d321

With a SAFU fund now fully in Bitcoin, we reinforce our conviction that BTC is the premier long-term reserve asset.

Thank you for your continued trust and support. We remain committed to transparency and security.