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Binance completes the transfer of the $1 billion SAFU fund into #Bitcoin.
Binance has completed the final phase of transferring its Security Fund (SAFU), purchasing 4,545 Bitcoins, thus completing the full conversion of $1 billion from stablecoin reserves into Bitcoin.
As a result, the SAFU fund now holds 15,000 Bitcoins, valued at approximately $1.005 billion, based on a price of $67,000 per Bitcoin.
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