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Binance’s SAFU fund tops $1.27 billion after $1 billion Bitcoin conversion

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  • Binance converted roughly $1 billion in stablecoins into 15,000 BTC for SAFU.
  • 15,000 BTC was worth approximately $1.005 billion at Bitcoin’s $67,000 price.
  • SAFU was established in July 2018 and funded with 10% of trading fees.
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