Binance Shifts SAFU Back to Bitcoin, Reaching $1.27 Billion Reserve Value

Binance has reallocated its Secure Asset Fund for Users (SAFU) back into Bitcoin, establishing an emergency reserve valued at over $1.27 billion with roughly $270 million in unrealized profit. The reallocation reversed an April 2024 move that shifted SAFU entirely into USDC by liquidating holdings including 16,277 BTC and 1.36 million BNB. Completed in February 2026, the transition converted about $1 billion in stablecoins into 15,000 BTC at an average price near $67,000. Binance has pledged to continually rebalance holdings and inject capital to maintain a $1 billion target if value falls below $800 million.