Binance SAFU Fund Address Adds 4,225 BTC on Feb. 9, Holdings Reach 10,455 BTC

Binance's SAFU fund address acquired 4,225 BTC on Feb. 9, worth $299.6 million, Arkham data show. The address now holds 10,455 BTC, valued at $741.39 million. On Jan. 30, Binance announced it would convert a $1 billion stablecoin reserve to BTC over 30 days and would top up BTC to restore $1 billion if holdings fell below $800 million.