Binance Adds $100M in Bitcoin to SAFU Fund

The statement is assessed as 'likely_true' with high confidence based on overwhelming and consistent evidence from multiple authoritative sources. Several primary sources originating from Binance's own platforms, such as Binance Square, directly and explicitly confirm that the company purchased or converted $100 million worth of stablecoins into Bitcoin for its SAFU fund. This is further corroborated by other financial news outlets like Yahoo Finance and crypto-specific news platforms, which report on the same transaction. The credibility of the claim is enhanced by the consistent reporting of specific details across different sources, such as the amount of approximately 1,315 BTC being transferred. While some sources discuss the broader strategy of converting the entire $1 billion SAFU fund to Bitcoin without mentioning this specific tranche, they provide a logical context for the transaction and do not contradict the claim. There is no conflicting evidence among the provided sources. The convergence of information from Binance itself and external reporting entities makes the statement highly probable.