“Bitcoinization at 20%. Since Binance announced in late January that it would convert $1 billion worth of stablecoins from its SAFU fund to Bitcoin (BTC), the process has been moving rapidly. After converting the first tranche on February 2nd, the cryptocurrency exchange platform has just completed another exchange of $100 million worth of stablecoins for Bitcoin. Key points of this article: […]”, — write: businessua.com.ua
Bitcoinization at 20%. Since the announcement Binance at the end of January about converting $1 billion worth of stablecoins from its SAFU fund to Bitcoin (BTC) this process is progressing rapidly. After converting the first tranche on February 2, the cryptocurrency exchange platform has just finished another exchange $100 million worth of stablecoins for bitcoins.
Key points of this article:
- In February 2026, Binance converted $100 million worth of stablecoins to Bitcoin for its fund SAFU.
- The price of Bitcoin has fallen significantly, giving Binance an imaginary opportunity to “sell” and buy more BTC.
While the bloody carnage in the cryptocurrency market hurts traders and investors, it turns out to be quite profitable for Binance . Indeed, on Wednesday, February 4, 2026, the crypto exchange announced, specifically on X, that 100 million USD stablecoins from her fund SAFU was converted to an additional 1,315 bitcoins.
“Update on the progress of the conversion of assets from the SAFU Binance Fund”.
Binance completed the second tranche of conversion to Bitcoin for the SAFU fund, which amounted to $100 million in stablecoins. (…)
We continue to purchase bitcoins for the SAFU fund with the goal of completing the fund conversion within 30 days of our initial announcement.
We will share updates with the community as they become available.
Binance
Account X @binance
Can CZ-founded cryptocurrency exchange pull off the ‘Buy the Dip’ of the century? After the initial tranche of USD 100 million was converted into 1315 BTC also on February 2, the SAFU Binance fund now has a total of 2630 BTC in their reserves.
Since the price of Bitcoin now the lowest for the year even dipping below $75,000, the group founded by Changpeng “CZ” Zhao has been accumulating valuable cryptocurrency at prices that seem profitable compared to the previous one ATH (historical maximum).
Indeed, since the price of bitcoin on October 6, 2025 reached 126,000 dollars the current price of the king of cryptocurrencies has decreased by approx 40% ! If the cryptocurrency ever returns to these prices, the $1 billion convertible stablecoins may well be worth much more.
Given that this conversion is expected to happen “within 30 days” of the initial announcement, this means that Binance will buy another $800 million worth of bitcoins until about March 1, 2026. Moreover, the crypto exchange is not the only one investing in the leading crypto-asset because long-term investors have significantly increased their BTC holdings because of (or because of?) this market volatility.
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