TLDR
- Justin Sun aims to acquire up to $100M in Bitcoin for Tron’s treasury.
- Binance shifts $1 billion from SAFU stablecoins into Bitcoin today.
- Bitcoin fell below $75,000 last weekend, its lowest since April 2025.
- Bitcoin trades around $78,000 with a 1% gain in the past 24 hours.
Tron founder Justin Sun announced plans to add up to $100 million in Bitcoin to Tron’s treasury. The statement came after Sun confirmed last week that Tron would increase its Bitcoin reserves in response to Binance’s recent moves. Data from Lookonchain shows that Binance has already purchased over $100 million in Bitcoin today. Sun stated, “We see Bitcoin as a core asset for Tron’s treasury and will act accordingly.”
Binance Moves $1 Billion into Bitcoin from SAFU Fund
Binance, the leading cryptocurrency exchange, is converting $1 billion from its SAFU fund’s stablecoins into Bitcoin. This move demonstrates the company’s continued confidence in Bitcoin as a leading digital asset.
🚨BREAKING: Justin Sun says he’ll buy up to $100M of Bitcoin for TRON’s treasury.
He says the strategy aims to capitalize on lower $BTC prices. pic.twitter.com/9QtddzSMjo
— Coin Bureau (@coinbureau) February 2, 2026
The exchange’s strategy aims to strengthen its reserves in the primary cryptocurrency. Binance reported, “This allocation aligns with our long-term strategy for treasury management and risk mitigation.”
Market Context and Bitcoin Performance
The announcements come amid a recent downturn in the crypto market. Bitcoin fell below $75,000 last weekend, marking its lowest level since April 2025.
At the time of reporting, Bitcoin was trading around $78,000, up 1% over the past 24 hours. Analysts noted that Bitcoin has dropped 11% year-to-date, which some consider a potential buying opportunity.
Tron and Bitcoin Growth Strategy
Tron’s plan to increase Bitcoin holdings aligns with the company’s broader treasury diversification strategy. Sun emphasized that Bitcoin provides stability to Tron’s assets during market fluctuations.
By increasing Bitcoin reserves, Tron aims to maintain liquidity and strengthen its financial position. Sun’s statement reaffirmed, “We are committed to growing Tron’s assets responsibly and with transparency.”
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