Binance converts its $1 billion safety net into 15,000 BTC

The crypto exchange finalized a 30-day plan to convert its stablecoin-backed user protection fund into 15,000 BTC BTC - $70567.441 reinforcing bitcoin as its long-term reserve asset.

Source: coindesk.com

Related symbols: BTCUSD

2026-02-12 11:14:03 GMT.

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Price & Market Data

Price: $70567.441

Volume 24h: $50,562,221,567.08

Market Cap: $1,411,484,375,046.40

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 20,001,906. The last known price of Bitcoin is 70,463.10335429 USD and is down -2.10 over the last 24 hours. It is currently trading on 12584 active market(s) with $52,295,734,602.74 traded over the last 24 hours. More information can be found at https://bitcoin.org/.