Binance confirms completion of the first $100 million Bitcoin conversion for the SAFU fund.

PA一线
PA一线

PANews reported on February 2nd that Binance confirmed on its X platform that it has completed the first $100 million Bitcoin conversion for its SAFU fund. Since the initial announcement, Binance has been continuously purchasing Bitcoin, which will be transferred to the SAFU fund in batches, with the conversion scheduled to be completed within 30 days.

Previous reports indicated that a Binance address had purchased 1,315 BTC, worth approximately $100 million .

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