Binance, the global crypto exchange serving hundreds of millions of users, added 4,225 Bitcoin, worth around $300 million, to its emergency reserve fund today, bringing total holdings to 10,455 BTC valued at approximately $734 million.
#Binance SAFU Fund Asset Conversion progress update.
Binance has completed the purchase of 4225 BTC for the SAFU Fund, amounting to 300M USD stablecoins.
Our SAFU BTC address now holds 10,455 BTC: 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD
TXID: https://t.co/ZnE2h3ZN7H
We’re… pic.twitter.com/IUzdLMPdVI
— Binance (@binance) February 9, 2026
The Secure Asset Fund for Users (SAFU), an insurance-like reserve designed to protect customer deposits from security breaches or operational failures, has been steadily accumulating the digital asset as part of a treasury shift.
Binance announced on January 30 its intention to convert $1 billion in stablecoin reserves into Bitcoin in 30 days. The exchange has completed about 73 % of its conversion target.
The shift toward Bitcoin-denominated reserves reflects a growing trend among major crypto platforms to hold the asset as a hedge against inflation and stablecoin-related uncertainties.
The leading digital asset is now trading above 68,500, down 3% in the last 24 hours, per CoinGecko.
