Binance has completed the final tranche of its SAFU reserve transition into Bitcoin, closing out the shift of roughly $1 billion in SAFU stablecoin reserves into BTC within 30 days. The update was shared in a post from the official Binance account on X, which also states SAFU now holds 15,000 BTC and references the SAFU Bitcoin address and latest transaction details in the same message.
The move follows Binance’s earlier commitment in an open letter on the Binance blog to convert SAFU’s $1 billion stablecoin reserves into BTC and complete the conversion within 30 days of the announcement. That same post also describes a rebalancing policy: if SAFU’s market value falls below $800 million due to BTC price moves, Binance says it will rebalance the fund back to $1 billion.
On-chain data for the SAFU BTC address 1BAuq7Vho2CEkVkUxbfU26LhwQjbCmWQkD shows a final inbound transfer of 4,545 BTC at 2026-02-12 05:57:29 UTC, which brings the address balance to 15,000 BTC, according to the address ledger view on BitInfoCharts.
The same on-chain ledger also shows the conversion happening in multiple large tranches over the 30-day window rather than as a single market sweep. That pattern matters because it reduces the probability that a single execution moment becomes the story. The purchases still represent a meaningful bid for spot liquidity, but the schedule spreads the flow over multiple sessions.
| Timestamp (UTC) | Inbound (BTC) | Notes |
|---|---|---|
| 2026-02-12 05:57:29 | 4,545 | Final tranche that takes the address to 15,000 BTC |
| 2026-02-09 06:14:04 | 4,225 | Large tranche that takes the address to 10,455 BTC |
| 2026-02-06 07:04:49 | 3,600 | Earlier tranche that takes the address to 6,230 BTC |
| 2026-02-04 06:33:23 | 1,315 | Adds to reach 2,630 BTC |
| 2026-02-02 08:06:43 | 1,315 | Initial tranche shown in the 30-day window |
The on-chain record also shows small “dust” top-ups around the same period. Those tiny credits do not change the reserve narrative, but they help explain why some trackers can show a 15,000 balance plus a few extra sats depending on how a page rounds or truncates.
This is a reserve-management action first, and a market signal second.
On the risk side, moving SAFU reserves from stablecoins into BTC reduces direct exposure to stablecoin issuer and redemption risk, but it increases exposure to BTC price volatility. Binance’s stated rebalance trigger near $800 million implicitly acknowledges that volatility risk: if BTC falls enough, the fund’s USD value can drop quickly, so the policy aims to keep the headline protection level closer to $1 billion.
On the signaling side, a public “SAFU is now BTC” narrative can reinforce the market’s reflex to treat BTC as the settlement layer in stress regimes. That can influence behavior at the margin, especially for traders and desks that treat exchange reserve moves as a real-time confidence read.
A $1 billion conversion into BTC can matter for short-term liquidity and routing even if it is executed in tranches.
If the purchases are executed on-exchange, they can tighten spot books and pull marginal liquidity from alt pairs into BTC liquidity provision. If they are executed OTC, the immediate visible market impact can be smaller, but the follow-on effect can still show up as dealers hedge and rebalance inventory. In either case, the practical consequence is that one large buyer moving from stables to BTC creates a temporary bias toward BTC liquidity, while the reserve now becomes more sensitive to BTC drawdowns.
This can also affect perception around “proof” narratives. SAFU is not the same thing as proof-of-reserves for customer liabilities, but it is part of how Binance frames user protection in stress events. When reserves are held in a highly liquid asset like BTC and are trackable on-chain, it is easier for the market to verify the raw balance in real time.
The next meaningful variable is not the completion post, it is how the rebalancing policy behaves under fast price moves.
If BTC sells off sharply, the market will watch whether SAFU gets topped back toward $1 billion as described in Binance’s earlier open letter, and whether those top-ups happen as additional BTC buys, a stablecoin injection, or a mix. That mechanism matters because it is a real flow lever: a rebalance to restore USD value in a down move can either add to BTC demand or shift the fund back toward stables, depending on how it is implemented.
The post Binance Completes SAFU Transition Into Bitcoin With Final 4,545 BTC Tranche appeared first on Crypto Adventure.
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