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Binance converts $1 billion SAFU fund into 15,000 BTC
Binance shifts $1 billion SAFU reserve into 15,000 Bitcoin holdings.
Binance announced it has converted its $1 billion Secure Asset Fund for Users into roughly 15,000 Bitcoin as part of a strategic reserve restructuring initiative.The exchange stated that holding reserves in Bitcoin improves transparency, on-chain verification for stakeholders. Analysts interpreted the move as a signal of long-term confidence in Bitcoin’s resilience. he development also renewed industry debate around exchange reserve composition and risk management frameworks.