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Binance buys another 3,600 BTC to push SAFU holdings to 6,230 BTC at $403M valuation
Binance’s SAFU Fund purchased 3,600 BTC, increasing total holdings to 6,230 BTC valued $403M.
Binance converts $200 million of its SAFU fund into Bitcoin, yet the BTC price stays flat—here’s why it may keep doing so.
Binance Bitcoin conversion second batch completes, acquiring $100M in BTC from stablecoins for the SAFU, securing user funds.
As the bitcoin price slumps, Binance said it will convert the $1 billion stablecoin-backed Secure Asset Fund for Users entirely into bitcoin over the next 30 days.
Binance SAFU Fund acquired 1,315 BTC on Feb 4, totaling 2,630 BTC worth $201M in two days as part of planned $1B reserve ...
Binance buys $100M Bitcoin under SAFU plan, fueling speculation of central bank-style support amid market sell-offs.
Binance SAFU fund adds 1,315 BTC, accelerating its $1 billion Bitcoin conversion strategy while reinforcing market confidence.
Binance completed the first $100 million Bitcoin purchase for its SAFU fund conversion on February 2, executing a transaction ...
Binance will move its entire $1 billion user protection fund into Bitcoin over the next 30 days. The exchange said it will ...
Binance has started converting the assets backing its Secure Asset Fund for Users (SAFU) into Bitcoin, executing an initial purchase of 1,315 BTC worth ...
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