Binance Completes $250M Bitcoin Purchase, SAFU Fund Surpasses 6,230 BTC

Binance Strengthens User Fund Protection

Binance recently announced on the X platform that it has successfully completed the purchase of 3,600 BTC for the SAFU Fund. The asset value of this transaction is approximately $250 million. The total BTC holdings in the SAFU Fund have now reached 6,230.

Progress of Protection Plan

Binance stated that this purchase marks a key milestone in its protection strategy, aiming to further enhance user fund security. As outlined in the initial announcement, the platform will continue optimizing fund assets within 30 days.

Transparent and Public Updates

• All transactions have been publicly recorded on-chain
• Updates will be shared with the community in real-time
• Continuous improvement of risk control mechanisms

Binance emphasized that the SAFU Fund is not only a commitment to users but also a step forward in raising industry security standards. The platform will continue to focus on building a safer and more transparent trading environment.