The post Binance SAFU Fund Adds $300M in Bitcoin appeared first on Coinpedia Fintech News
Binance’s Secure Asset Fund for Users (SAFU), created after the 2019 hack to protect customers, bought an additional 4,225 BTC worth about $300 million, bringing total holdings to 10,455 BTC valued at around $734 million. This purchase is part of a plan announced on January 30, 2026, to convert $1 billion in stablecoin reserves into Bitcoin within 30 days. The move highlights Binance’s confidence in Bitcoin as a long-term store of value despite recent market dips from over $76,000.