TLDR:
- Binance boosts SAFU with 4,225 BTC, nearing $1B reserve conversion target
- SAFU fund hits 10,455 BTC as Binance speeds up Bitcoin reserve shift
- Binance advances $1B SAFU plan with major Bitcoin accumulation phase
- New BTC purchase pushes Binance SAFU closer to full conversion goal
- Binance ramps SAFU Bitcoin reserves amid structured protection plan
Binance advanced its large reserve shift by adding 4,225 Bitcoin to its Secure Asset Fund for Users. The action pushed SAFU holdings toward the exchange’s planned target and continued a scheduled conversion process. The fund now holds 10,455 Bitcoin as Binance prepares for full completion within its stated window.
SAFU Conversion Progresses Toward Target
Binance moved to accelerate the transition of SAFU assets after its January plan outlined a $1 billion conversion goal. The exchange used $300 million in stablecoins for the latest acquisition, and it lifted the fund’s Bitcoin value significantly. The company said the process remains structured, and each transfer aligns with its timetable.
The exchange initiated this strategy to reduce reliance on stablecoins and to position SAFU within a long-term asset approach. Binance indicated that it would restore the fund to $1 billion if market swings reduced its value. The firm set an $800 million threshold for this adjustment, and it linked the safeguard to ongoing market conditions.
Recent Bitcoin moves have challenged that balance, and February volatility added new pressure across the wider market. The sharp early-month decline created notable liquidations, and market data captured more than $1 billion in forced positions. Binance continued its program during these sessions, and SAFU inflows reflected steady execution.
On-Chain Data Shows Regular SAFU Accumulation
Blockchain records showed consistent SAFU wallet activity since the conversion plan became public in late January. Transfers included several large tranches, and these actions demonstrated ongoing implementation across multiple days. Binance increased the pace during the February window, and totals rose as each batch settled.
Monitoring platforms tracked inflows of 1,315 Bitcoin on two separate days, and another set followed soon afterward. Additional movements between February 6 and 7 added more than 3,600 Bitcoin, and the February 9 transfer marked the largest phase. Binance maintained the same pattern throughout the week, and totals now align with its broader target.
The exchange launched SAFU in 2018 and funded it with a share of trading fees, and it later expanded disclosures to highlight transparency. The company updated the fund’s structure as regulatory oversight grew, and the asset mix changed over time. Binance strengthened its reserve framework further after relocating its headquarters to Abu Dhabi in 2025.
Context Behind SAFU’s Strategic Role
SAFU serves as a market protection tool, and Binance designed it to support users during extreme conditions. The fund gained importance after several industry disruptions, and other platforms released their own protection mechanisms. Binance combined its SAFU model with proof-of-reserves reporting, and it said the structure promotes stronger oversight.
The shift toward heavier Bitcoin exposure alters the reserve profile, and it ties SAFU more directly to market performance. The exchange acknowledged these dynamics, and it maintains a commitment to sustaining reserve strength. Binance aims to complete the full conversion plan within the allotted 30-day period, and Monday’s acquisition moves it closer to that goal.
