Binance SAFU fund adds 1,315 BTC, accelerating its $1 billion Bitcoin conversion strategy while reinforcing market confidence.
Binance has expanded its SAFU emergency fund with another large Bitcoin purchase this week. According to Arkham, the fund acquired 1,315 BTC worth $100.42 million. As a result, the total acquisitions in two days amounted to 2,630 BTC worth $201.12 million. The move is indicative of consistent implementation of Binance’s reserve conversion strategy.
Binance Accelerates SAFU Bitcoin Conversion Strategy
Earlier, Binance had plans to convert its entire $1 billion fund in SAFU to Bitcoin. The plan was shared on 30th January 2026. Importantly, the timeline of conversion was fixed at 30 days. Therefore, the recent purchases are an early step towards that goal.
#Binance SAFU Fund Asset Conversion progress update.
Binance has completed the second batch of Bitcoin conversion for the SAFU Fund, amounting to 100M USD stablecoins.
Our SAFU BTC address:
1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkDTXID: https://t.co/xm87A7Zd9T
We’re continuing to… pic.twitter.com/i3H2cCYYB2
— Binance (@binance) February 4, 2026
In the first tranche on February 2, the SAFU fund had purchased 1,315 BTC. That purchase was valued at close to $100.7 million. Prices were between $74,000 to $76,000 when executing. As a result, Binance started putting capital into the market slowly rather than rushing into the market.
Related Reading: Bitcoin News: Binance Adds 1,315 Bitcoin to SAFU Reserve Strategy | Live Bitcoin News
Subsequently, a second tranche came on February 4. The fund added around 1,349.9 BTC of around $100 million. This brought the total conversion to nearly 20% of the $1 billion target. Therefore, Binance seems dedicated to the disciplined, daily accumulation.
On-chain data verifies that both transactions have been sent to the public SAFU Bitcoin address. The address is 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD. Transparency continues to be the key to SAFU’s design. Consequently, the movement of reserves can be independently checked by users.
Binance has historically used the SAFU fund as an insurance backstop. The fund safeguards the users during extreme events such as a hack or system failure. Therefore, the asset composition of SAFU is very important for user confidence.
Moreover, Bitcoin as a reserve asset is part of Binance’s bigger story. The exchange has repeatedly defined Bitcoin as the core asset of the crypto ecosystem. Hence, the diminution of exposure to stablecoins belongs to that long-term positioning.
Market Impact and Reserve Management Implications
Strategic Binance is moving away from dollar-pegged stablecoins under SAFU. The intention is to avoid the counterparty risk associated with fiat-backed issuers. Therefore, Bitcoin is being positioned as a neutral reserve asset without being dependent on issuers.
At the same time, Binance reiterated that it would hold SAFU’s value at $1 billion. If there is any volatility and the fund drops below $800 million, Binance will replenish it. This pledge provides an extra layer of protection for users during sharp drawdowns in the market.
The slow-buying approach is similar to the approach of a central bank accumulation model. Average daily purchases are estimated to be close to $33 million. Consequently, SAFU purchasing might give structural demand during stressed market circumstances.
Such consistent demand could help to stabilise the prices of Bitcoin during periods of high liquidations. Although not developed in the spirit of price support, regular buying affects order book dynamics. Therefore, the approach indirectly affects the general market sentiment.
The time frame also coincides with increased volatility throughout the crypto markets. Large liquidation events have improved sensitivity to institutional flows. As a result, there is a close eye on SAFU activity by traders and analysts alike.
Overall, the SAFU Bitcoin conversion is a manifestation of Binance’s evolving risk framework. The approach is a combination of transparency, liquidity management, and long-term conviction. As a result, the move strengthens Binance’s position in uncertain market cycles.
