Binance: Completed the first batch of asset conversion for the SAFU fund, has purchased 100 million USD worth of Bitcoin
Feb 02, 2026 18:04:33
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According to official news, Binance has completed the first batch of asset conversions for the SAFU fund, spending 100 million USD in stablecoins to purchase Bitcoin. Binance will continue to use the remaining SAFU fund to buy Bitcoin, with the goal of completing this within 30 days of the initial announcement.
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