🛡️ Binance SAFU Fund: The Second Step in Strategic Bitcoin Conversion
Continuing its bold vision, Binance has completed the second batch of Bitcoin conversion for the SAFU Fund, converting $100 million in stablecoins into BTC.
This is more than a transaction—it’s a statement of long-term trust and market leadership:
Reinforcing Bitcoin as a cornerstone asset for institutional reserves
Advancing the Secure Asset Fund for Users (SAFU) restructuring with deliberate precision
Executed strategically to strengthen market confidence while maintaining stability
📌 Details of the second batch:
SAFU BTC Address: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
TXID: View on Blockchain Explorer
Binance remains committed to completing the full conversion within 30 days of the original announcement, ensuring the SAFU Fund is fortified with Bitcoin as a durable, long-term reserve.
🟢 Each batch is not just a move—it’s a demonstration of responsibility, foresight, and commitment to the crypto community. Binance will continue sharing updates as progress unfolds.