727 FinanceWu said he learned that according to crypto YouTuber MartiniGuyYT, the current value of Bitcoin held by the Binance Investor Protection Fund (SAFU) has exceeded US$1.27 billion. In February this year, Binance announced that it had completed the conversion of the SAFU fund from stablecoins to Bitcoin, spending US$1 billion to purchase 15,000 BTC at an average price of approximately US$66,667. As the currency price rises, the reserve currently has a floating profit of approximately US$270 million. In response to this, Binance founder CZ interactively responded: “This may be pure luck (Might be pure luck!)”.
Binance SAFU Bitcoin value exceeds $1.27 billion, CZ responds that it may be pure luck
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