Binance’s SAFU fund hits 10,455 BTC as $734M bet on Bitcoin grows

Whereas the broader market watches the charts for indicators of a backside, Binance is quietly executing one of many largest treasury migrations in its historical past.

On the ninth of February, the alternate’s Safe Asset Fund for Customers (SAFU) finalized a $299.6 million buy of 4,225 BTC, in response to knowledge highlighted by Wu Blockchain.  This newest buy brings the fund’s complete Bitcoin [BTC] holdings to 10,455 BTC, value about $734 million.

Binance seems to be shifting away from stablecoins, as a substitute positioning Bitcoin as the first reserve asset to safeguard customers.

How has the SAFU fund modified over time?

Binance launched the SAFU Fund in 2018 to guard customers towards hacks and main losses, allocating 10% of buying and selling charges to construct this emergency reserve. 

Traditionally, many of the fund was held in stablecoins resembling USDC and BUSD to attenuate value volatility, guaranteeing customers may obtain secure payouts throughout a disaster.

However in January 2026, Binance modified its technique. It introduced that it might slowly convert your entire $1 billion fund into Bitcoin inside 30 days.

To date, the alternate has accomplished round 73.4% of this transition. As an alternative of shopping for all of the Bitcoin without delay, Binance is spreading its purchases over time.

This method helps mitigate sudden value fluctuations and forestall pointless market volatility.

Backup plan

Together with this technique, Binance has additionally made a key promise: if the worth of the fund falls under $800 million, it can inject extra capital to carry it again as much as $1 billion.

This dedication creates robust draw back help for Bitcoin throughout market declines and strengthens consumer safety.

That is additionally not the primary time Binance has used its security fund to ship a message to the broader crypto market.

In March 2023, following the collapse of a number of crypto exchanges, Binance shifted almost $1 billion in BUSD into Bitcoin, Ethereum, and BNB.

On the time, many analysts considered this transfer as a serious vote of confidence, and the market recovered quickly after.

Due to this, observers are actually evaluating Binance’s present technique to its profitable 2023 shift. Nonetheless, in 2026, the method is extra targeted than ever.

As an alternative of spreading funds throughout a number of belongings, Binance is putting most of its belief in Bitcoin alone, displaying that it views BTC because the strongest and most dependable basis for long-term safety.

Shopping for throughout a market dip

This occurs at a time when the broader market is going through short-term strain.

At press time, Bitcoin was trading close to $68,972, reflecting a lack of 2.7%, whereas BNB was hovering close to $625 after falling 2.78%.

These declines present that the general crypto market goes by a short lived pullback. Nonetheless, this doesn’t counsel that the business is collapsing.

Regardless of the value weak spot, Bitcoin’s market dominance remains robust at 59.31%, indicating that buyers are shifting their funds away from riskier altcoins and into Bitcoin, somewhat than exiting the crypto ecosystem altogether.

Last Ideas

• The 73% completion fee exhibits this can be a deliberate technique, not a short-term transfer.
• By shopping for slowly, Binance is avoiding sudden value shocks available in the market.