Rewards Hub Binance's SAFU Fund has completed its $1 billion Bitcoin acquisition plan, now holding 15,000 BTC valued at $1.005 billion. This follows a recent purchase of 4,545 BTC worth $304.58 million. Initially announced on January 30, Binance aimed to convert its $1 billion stablecoin reserves into Bitcoin within 30 days. Since the first purchase, Bitcoin's price has decreased from approximately $77,000 to $67,000.
Binance SAFU Fund Completes $1 Billion Bitcoin Purchase
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.