Binance Makes $100M Bitcoin Purchase from SAFU Fund

SwiftFork · 2019-05-11T14:26:00.000Z

So, Binance is using part of their SAFU fund, which is worth a billion, to buy Bitcoin. The market's been kinda shaky lately, but I think this move is meant to give investors a boost and calm the nerves. Plus, if Bitcoin prices go up, it's a win-win for Binanc

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ben.matrixNewbie

Posts: 3546 · Reputation: 35

#21May 25, 2019, 06:01 PM

I think Binance just showed their true colors with this buy. It’s all about accumulating Bitcoin for them.

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ben.matrixNewbie

Posts: 3546 · Reputation: 35

#22May 25, 2019, 11:27 PM

honestly, it’s a business decision. They’re not here for charity, that’s for sure.

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Binance Makes $100M Bitcoin Purchase from SAFU Fund

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