World crypto trade Binance has accomplished the conversion of its $1 billion Safe Asset Fund for Customers (SAFU) from stablecoins into Bitcoin.
The fund spent over $305 million buying 4,545 $BTC on Thursday, bringing the whole stash to fifteen,000 $BTC value over $1 billion, in response to Arkham Intelligence knowledge.
#Binance SAFU Fund Asset Conversion – Ultimate Replace
Binance has efficiently accomplished the ultimate tranche buy of 4,545 $BTC, finalizing the $1 billion transition of SAFU stablecoin reserves into Bitcoin.
This transition was accomplished inside 30 days of the preliminary… pic.twitter.com/NJbNPS1b0I
— Binance (@binance) February 12, 2026
Initially scheduled to take as much as 30 days from January 30, Binance accomplished the conversion in underneath 13 days. Binance stated it might monitor the fund and rebalance it if its market worth falls under $800 million.
Institutional curiosity in Bitcoin continues to develop underneath the present regulatory atmosphere, although the frenzied accumulation seen amongst public corporations from late 2024 to mid-2025 has cooled following latest market turbulence.
On this context, Binance’s accumulation indicators a robust vote of confidence within the asset, regardless of volatility that has rattled many merchants.
Bitcoin is hovering round 67,000 at press time, down 5% within the final seven days, per CoinGecko.
