Binance bought 1.315 $BTC (~100 million USD), marking the beginning of the plan to transfer the SAFU fund of 1 billion USD to Bitcoin to increase the protection capacity of users' assets.
Keeping SAFU at $BTC shows that the exchange is thinking long-term, especially in the context of a market that is still very volatile. But the most important thing is still on-chain transparency and regular updates, not just one purchase for the sake of it.
