Tron blockchain founder Justin Sun has pledged to increase his platform’s Bitcoin holdings in response to Binance’s announcement that it will convert $1 billion from its Secure Asset Fund for Users (SAFU) into Bitcoin.
Sun wrote on X, “In response to Binance’s call, Tron will also increase its BTC holdings in the future.”
This came a few hours after Binance revealed plans on Friday, January 30, to convert its Secure Asset Fund for Users (SAFU) stablecoin reserves into Bitcoin over the next 30 days. The world’s largest cryptocurrency exchange described Bitcoin as “the core asset in the crypto ecosystem,” adding that the digital asset represents a long-term store of value.
What did Binance say in its open letter?
Binance’s decision to convert its SAFU fund, established in 2018 to protect users from hacks and security incidents, comes as a calculated bet on Bitcoin’s long-term stability.
The exchange also went further to address concerns that may arise as a result of possible price swings, stating, “If the fund’s market value falls below $800 million due to BTC price fluctuations, Binance will rebalance the fund to restore its value to $1 billion.”
In its open letter, Binance claimed it helped users recover $48 million across nearly 39,000 incorrect deposit cases and overall recoveries to $1.09 billion.
The exchange also reported helping 5.4 million users identify potential risks throughout the year, preventing approximately $6.7 billion in scam-related losses, and collaborating with global law enforcement agencies to confiscate $131 million in illicit funds.
By the end of 2025, Binance’s proof-of-reserves showed user assets of approximately $162.8 billion across 45 crypto assets.
Corporate Bitcoin holdings continue to rise
The trend towards corporate Bitcoin accumulation has also been on the rise, and with the latest announcement, there is no sign that it might be cooling soon, with public companies collectively holding well over 1.1 million BTC as of 2026. Around 150 public companies now hold over 5.4% of Bitcoin’s total supply.
Leading corporate holders include Strategy, formerly known as MicroStrategy, which holds approximately 712,647 BTC, with MARA Holdings coming a distant second, followed by Twenty One Capital and Metaplanet.
This institutional embrace of Bitcoin highlights how far Bitcoin has come, moving from a speculative asset favored mostly by retail investors and crypto enthusiasts to a priced asset owned and kept by corporates.
Businesses now view digital assets, with Bitcoin at the fore, as a hedge against currency devaluation and a portfolio diversification tool.
Beyond public companies creating Bitcoin treasuries, governments are also investing heavily in Bitcoin.
The United States, under the administration of President Donald Trump, established a strategic Bitcoin reserve. Some states in the US have also moved to establish their own reserves, with Texas being one of the first to fund its reserve.
In 2025, Bitcoin hit its all-time high, crossing over $126,000. However, its price has dropped since then, reminding holders alike that while the price swings are not as sharp as the years before, the volatility has not entirely left the market.
Binance’s commitment to rebalancing the fund if it drops in value substantially also shows that it acknowledges this risk of volatility.
Sun’s announcement, while short on specifics regarding the scale or timeline of Tron’s planned Bitcoin acquisitions, nonetheless reinforces the narrative of institutional crypto adoption gathering momentum in 2026.
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Source: https://www.cryptopolitan.com/justin-sun-joins-binance-commitment-btc/