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.
Binance buys dip with first $100M Bitcoin purchase from $1B SAFU fund
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AI INSIGHT
Binance buys $100 million of bitcoin from its $1 billion SAFU fund, starting conversion of user-protection reserves from stablecoins into BTC
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