The post Binance Adds $300M in Bitcoin to User Protection Fund appeared on BitcoinEthereumNews.com.

This acquisition is part of Binance’s plan to convert $1 billion of its protection fund into Bitcoin, even as prices recently slid. At the same time, Strategy, led by Michael Saylor, acquired 1,142 BTC for roughly $90 million at prices well above recent market levels, expanding its already massive holdings. Binance Boosts SAFU Reserves Binance added another $300 million worth of Bitcoin to its emergency reserves, as part of its ongoing experiment with a Bitcoin-backed protection fund. According to data from blockchain analytics platform Arkham, the exchange purchased 4,225 Bitcoin for its Secure Asset Fund for Users, commonly known as SAFU, which is a wallet that is designed to act as an emergency backstop for users in the event of extreme market disruptions or operational issues. With the latest acquisition, the SAFU fund’s Bitcoin holdings rose to more than $720 million at current market prices.  Binance confirmed the move in a post on X, stating that it is continuing to buy Bitcoin for the fund and plans to complete the conversion within 30 days of its original announcement. The strategy is a big shift in how the exchange structures its user protection reserves, transitioning away from a more diversified setup toward a heavier reliance on Bitcoin as a long-term store of value. The move was first shared on Jan. 30, when Binance revealed plans to shift $1 billion of its protection fund into Bitcoin. The exchange framed the decision as a vote of confidence in Bitcoin’s durability and long-term role as the dominant digital asset.  However, the strategy also introduces new risks. By concentrating the fund in Bitcoin, Binance exposes its emergency reserves to the asset’s inherent volatility. This means that sharp price swings could materially reduce the fund’s value during periods of market stress. To mitigate this risk, Binance…

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Filed under: News - @ February 10, 2026 5:30 am