Binance shows huge Bitcoin support, announces conversion of $1B SAFU fund into BTC reserves

Key points

  • Binance will complete the conversion in 30 days, by March 1st.
  • If the fund's market value drops below $800 million due to volatility, Binance will restore SAFU fund to $1 billion.
Rada Mateescu

On January 30, Binance shared an open letter to the crypto community to show support for the industry’s long-term growth and highlight its core belief in Bitcoin.

Binance’s announcement includes key details about its SAFU fund and risk control, compliance cooperation, and ecosystem building.

The announcement comes amidst intense market volatilty, the recent Bitcoin price decline, and huge FUD for the exchange and its founders.

Supporting Bitcoin as the core asset in the crypto ecosystem

In its official announcement, Binance shared its faith in Bitcoin as the core asset in the crypto ecosystem and its long-term value. The exchange decided to convert its $1 billion SAFU fund into Bitcoin reserves.

Key points of the exchange’s plan  include the following:

  • The conversion will be finalized within 30 days of the announcement, by March 1st.
  • Binance will conduct regular rebalancing of the SAFU fund, monitoring its value.
  • If the fund’s value drops below $800 million due to BTC volatilty, the exchange will rebalance it to restore its $1 billion value.

The decision is part of Binance’s long-term commitment towards building in the industry and supporting Bitcoin.

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In the same announcement, the exchange also highlighted the main achievements of 2025, covering areas including risk control, compliance, and ecosystem building.

Key Binance achievements in 2025

The crypto exchange highlighted the following milestones from last year:

  • Incorrect deposits recovery – Binance assisted users in over 38,600 cases of incorrect deposit recovery, totalling $48 million, helping the recovery of over $1.09 billion in assets.
  • Risk control and user protection – The exchange assisted over 5.4 million users in identifying potential risks, preventing almost $7 billion in scam-related losses.
  • Combating illegal activity and cooperating with authorities – Binance collaborated with global law enforcement agencies to combat illegal operations, helping authorities to confiscate $131 million in fraudulent funds.
  • Token listings to diversify the crypto ecosystem – Last year, the exchange’s spot listing program covered 21 public blockchains, including 32 projects on ETH, 18 projects on BSC, and 9 projects on SOL; from these blockchains, 13 were newly launched with payment, gaming, social, and other use cases.
  • Transparency and safety – By the end of last year, Binance’s PoR showed $162.8 billion in 45 user assets, 100% backed.

Binance’s dedication to Bitcoin and crypto continues

Despite the harsh current market conditions, global macro-economic uncertainty, and renewed FUD targeting the exchange and its founders, Binance remains committed to Bitcoin as the core asset of the crypto industry and to the overall ecosystem.

The crypto exchange continues to build in the crypto space and maintains its core values and principles to create a better future for everyone.

In this regard, the exchange’s co-founder and co-CEO, Yi-He, recently shared a strong message via X, highlighting that when you set out to exchange the world and drive progress through technology, scrutiny and criticisms will always be present.

She noted that the era of Bitcoin as digital gold will eventually arrive.

Hope and dedication to build in the ecosystem, no matter what, ignoring the noise, remain the core values of the true believers in this industry.

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Romanian journalist turned Bitcoin advocate since 2017, promoting financial freedom and principled innovation - learn, adapt, build, defend truth. Embracing the future without compromising human values. Featured in Bloomberg, backed by Bitcoin ecosystem leaders, building on crypto.ro.