Binance Transfers 1,315 Bitcoin to SAFU Fund Ahead of $1B Purchase

Binance has shifted 1,315 Bitcoin into its SAFU fund, aligning with its plan to invest $1 billion in BTC over the next month.

In a strategic financial maneuver, Binance has allocated 1,315 Bitcoin to its Secure Asset Fund for Users (SAFU) as it gears up to invest $1 billion in Bitcoin. This decision comes on the heels of Binance's announcement on January 30, detailing its intention to direct the substantial SAFU fund toward Bitcoin over the next 30 days.