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Binance’s SAFU Fund Holds $1.27B in Bitcoin, Sits on About $270M Profit
Binance's SAFU fund's growth highlights the potential of Bitcoin as a reserve asset, impacting user security and market stability. The post Binance’s SAFU fund holds $1.27B in Bitcoin, sits on about $270M profit appeared first on Crypto Briefing .
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One report valued more than $1,270 million for the 15,000 BTC of the Binance Protection Fund and estimated about $270 million in unrealized profits. Its new composition also links the value of the reserve to Bitcoin fluctuations.
Binance’s SAFU fund holds $1.27B in Bitcoin, sits on about $270M profit
Binance's SAFU fund's growth highlights the potential of Bitcoin as a reserve asset, impacting user security and market stability. The post Binance’s SAFU fund holds $1.27B in Bitcoin, sits on about $270M profit appeared first on Crypto Briefing .
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