CEX SAFU Fund has completed a $1 billion Bitcoin purchase plan.

robot
Abstract generation in progress

On February 12, along with the CEX SAFU fund address purchasing another 4,545 BTC today, valued at $304.58 million. The CEX SAFU fund has completed a $1 billion Bitcoin purchase plan and currently holds 15,000 BTC, worth $1.005 billion. Previously reported, on January 30, CEX announced that it would gradually convert its original $1 billion stablecoin reserve into Bitcoin, with a plan to complete it within 30 days. If the market value drops below $800 million due to volatility, BTC will be added to restore the total to $1 billion.

BTC1,21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)