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Binance confirms the completion of the SAFU fund's $250 million Bitcoin conversion, with a total holding of 6,230 BTC

Feb 06, 2026 19:49:56

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Binance confirmed on the X platform that it has completed the purchase of 3,600 bitcoins for the SAFU fund, worth $250 million in stablecoins. Currently, the Binance SAFU Bitcoin address holds a total of 6,230 BTC. Binance will continue to increase its Bitcoin holdings for the SAFU fund, aiming to complete the asset conversion within 30 days after the original announcement. Relevant progress will be communicated to the community in a timely manner.

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