Binance converts its $1 billion safety net into 15,000 BTC

Binance has taken decisive action by converting its substantial safety net, valued at $1 billion, into an impressive reserve of 15,000 Bitcoin (BTC). This strategic move underscores the company's commitment to bolstering its financial stability and enhancing its asset portfolio in the rapidly evolving cryptocurrency market. The decision reflects Binance's proactive approach to safeguarding its operations and ensuring the security of its users' investments in an environment marked by volatility and uncertainty. source: https://www.coindesk.com/business/2026/02/12/binance-converts-its-usd1-billion-safu-fund-into-15-000-btc