Binance Doubles Down on Bitcoin: Buying $1B BTC Within 30 Days

Binance is reinforcing crypto's safety net by shifting its $1 billion SAFU fund into bitcoin, framing BTC BTC - $70563.676 as the long-term anchor for user protection, transparency, and balance-sheet resilience amid market stress. Binance Converts $1B SAFU Fund to Bitcoin as BTC BTC - $70563.676 Anchors Industry Stability Periods of market stress often test major platforms.

Source: news.bitcoin.com

Related symbols: BTCUSD

2026-01-31 01:13:01 GMT.

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Price & Market Data

Price: $70563.676

Volume 24h: $50,555,718,657.64

Market Cap: $1,411,409,066,713.90

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/.