Binance s SAFU fund sits on $217 million gain as Bitcoin rises above $81,000
The story
Binance's strategic shift to Bitcoin for its SAFU fund highlights a growing confidence in crypto's long-term value despite market volatility. The post Binance SAFU fund sits on $217 million gain as Bitcoin rises above $81,000 appeared first on Crypto Briefing .
From the source
Binance SAFU fund sits on $217 million gain as Bitcoin rises above $81,000 Binance has signaled that it views Bitcoin as a stronger store of value than dollar-pegged tokens.
this.removeAttribute('data-copied'), 2000);" class="w-7 h-7 border border-foreground/30 text-foreground rounded-full flex items-center justify-center hover:bg-muted transition-colors" aria-label="Copy link" > Add us on Google by Vivian Nguyen May. 5, 2026 Binance s emergency reserve fund is sitting on an estimated paper profit of $217 million nearly three months after completing converting $1 billion in stablecoins into Bitcoin, as the crypto asset climbed past $81,000 on Tuesday.
The fund, known as the Secure Asset Fund for Users (SAFU), built a 15,000 BTC position through four separate purchases executed over 13 days earlier this year.
Who and what
Key names and topics in this story: Binance, SAFU, Bitcoin.
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