Binance Completes $1B Bitcoin Safety Fund, Signaling a Shift in Industry Standards
Binance has completed its $1 billion Bitcoin (BTC) allocation to its SAFU fund, with on-chain data showing the exchange recently purchased 4,545 BTC worth about $304. 6 million. The latest buy brings the fund’s total holdings to 15,000 BTC, valued at roughly $1. 005 billion
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