Binance SAFU Fund Splashes Over $200M to Buy Bitcoin Dip

Binance’s Secure Asset Fund for Users (SAFU) is making a significant pivot by shifting its focus from stablecoins to Bitcoin. Recently, the fund purchased 3,600 BTC, valued at approximately $233.37 million. This brings its total holdings to 6,230 BTC, which is now worth around $434.5 million.

The purchase marks the third acquisition since the Fund opted to shift from stablecoins to Bitcoin. On January 30, 2026, the exchange announced plans to convert an entire $1 billion fund over about 30 days. Binance’s approach aims to bolster long-term user protection by investing in an appreciating asset.

Conversion Process and Recent Transactions

Binance initiated the SAFU overhaul following criticism of the October 2025 market crash. The fund, created in 2018, uses trading fees for emergencies. Stablecoins previously dominated holdings. Now, the full conversion to Bitcoin is expected to be completed by late February.

Binance carries out conversions gradually to minimize price impact, often using over-the-counter (OTC) transactions. The first batch of conversions took place on February 2, involving 1,350 BTC, which was valued at $100.7 million. A second batch followed on February 4, consisting of 1,315 BTC for an additional $100 million.

The most recent transaction, which added 3,600 BTC, comes at a time when Bitcoin has dipped to a new low of $65,000. On-chain data from Arkham Intelligence shows inflows to wallet 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD. By utilizing OTC trades, Binance aims to prevent market disruptions.

Bitcoin’s Dip Creates Buying Opportunity

Recently, Bitcoin’s dip has created a strong buying opportunity for some in the crypto space. For example, just yesterday, former kickboxing champion Andrew Tate seized the moment, investing $2 million in the apex coin when its price dropped to $67,000 per coin. Referring to his proactiveness, Tate encouraged his followers to “bookmark this” for future reference.

Another notable figure who saw good in the seeming disaster is Grant Cardone. The real estate investor and crypto enthusiast took to his X page earlier today to share a humorous post, claiming the crash forced him to part with his prized 2024 Bombardier Global 7500 private jet, which may signify a readiness to buy the dip.

Meanwhile, Binance has clarified that its conversions involve selling stablecoins to purchase Bitcoin. This strategy mirrors SAFU’s 2023 diversification approach, which paved the way for future gains. By positioning Bitcoin as a key reserve asset, the move enables user funds to benefit from potential price increases while managing volatility through regular replenishment.

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