Binance SAFU Fund holds 10455 BTC with a floating profit of about 1%

On February 9th, Binance SAFU Fund successfully turned losses into profits after four recent increases in Bitcoin holdings, spending a total of $734.09 million (calculated based on the price at the time of transfer to SAFU Fund). Currently, it holds 10455 BTC worth $741.39 million, with a floating profit of about 1%, or approximately $7.3 million. On January 30th, Binance announced that it will gradually convert its original $1 billion stablecoin reserve into Bitcoin, with plans to complete it within 30 days. It also stated that if the market value fluctuates below $800 million, it will replenish BTC to restore it to $1 billion.