Binance buys dip with first $100M Bitcoin purchase from $1B SAFU fund

Binance has kicked off its $1 billion SAFU conversion into Bitcoin with a $100 million purchase, shifting its user protection fund out of stablecoins and into BTC BTC - $70378.372

Source: cointelegraph.com

Related symbols: SAFUUSD

2026-02-02 12:28:04 GMT.

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Price & Market Data

Price: $70378.372

Volume 24h: $97,998,018,333.90

Market Cap: $1,406,539,216,251.40

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,985,068. The last known price of Bitcoin is 65,845.06211313 USD and is down -7.72 over the last 24 hours. It is currently trading on 12558 active market(s) with $145,654,273,281.70 traded over the last 24 hours. More information can be found at https://bitcoin.org/.