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Binance has increased the Bitcoin balance of its Secure Asset Fund for Users (SAFU) after converting $300 million in stablecoins into 4,225 BTC. The exchange presented the purchase as part of its user protection strategy and as part of a wider plan to rebalance SAFU reserves toward Bitcoin over 30 days.
Binance said it “completed the purchase of 4,225 BTC for the SAFU Fund,” funded with “300M USD stablecoins.” The exchange also shared the SAFU Bitcoin address and a transaction link in the same update.
After the conversion, the SAFU wallet holds 10,455 BTC, which Binance valued at approximately $734 million as of the post. On-chain monitoring tools can verify the balance because the wallet address remains public.
The purchase used stablecoins already held for SAFU rather than new customer deposits, and it followed earlier tranches in the same program. Binance did not disclose an average entry price.
Binance announced on January 30, 2026, that it would convert the entire $1 billion SAFU reserve from stablecoins into Bitcoin within 30 days. The company said it would publish updates as it completes each step so users can track the fund’s composition in real time.
Binance also set a rebalancing guardrail for volatility. It said it would add Bitcoin to restore the fund toward $1 billion if market swings pushed its value below $800 million. This approach aims to keep the safety buffer close to its stated target even when BTC prices move quickly.
SAFU began in July 2018 as a separate reserve funded by a portion of trading fees, according to Binance. Binance Academy notes that the fund’s holdings can change over time at Binance’s discretion, while it keeps the overall size of the crypto assets around $1 billion.
Bitcoin trading showed a limited reaction immediately after the disclosure. Binance’s own market display during the update showed BTC near $69,133 and down about 3.09% over 24 hours. CoinGecko also showed Bitcoin trading above $68,500 with a similar daily decline.
Recent sessions have remained volatile across crypto markets. Bitcoin fell sharply late last week before stabilizing around $70,000 as liquidations eased. This backdrop may explain the muted response, since traders may view the SAFU conversion as a scheduled reserve move, not a short-term trading signal.
Binance has not changed the stated purpose of SAFU. The company describes the fund as an emergency backstop for users during extreme scenarios, including security incidents and operational failures, and it continues to publish wallet addresses to support transparency.
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