Justin Sun Pledges to Boost Tron's Bitcoin Reserves After Binance Move
Tron founder Justin Sun responded to Binance's recent decision to convert $1 billion from its Secure Asset Fund for Users (SAFU) into Bitcoin by pledging to expand Tron's BTC reserves. Sun posted on X that Tron will “increase its BTC holdings in the future,” signaling a deliberate shift toward adding on-chain Bitcoin exposure to the platform’s treasury strategy.
The move matters because it frames Bitcoin as a reserve asset for major crypto platforms, potentially reinforcing market confidence and hinting at a broader trend of centralized projects diversifying into BTC. For TRX holders, the announcement could be read as an attempt to shore up asset backing or align with market momentum, though concrete details and timelines for purchases remain unconfirmed. Observers will watch on-chain flows and any treasury disclosures to see if Tron's pledge turns into measurable accumulation.