Justin Sun Targets Up to $100M Bitcoin Buy as Price Slips Under $75K
Justin Sun plans a $100M Bitcoin buy as prices dip below $75K, while Binance signals long term support with a $1B SAFU-backed accumulation strategy.
TLDR
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Justin Sun targets up to $100M Bitcoin buy after sharp drop below $75K
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Bitcoin slips under $75K as Tron signals major treasury accumulation move
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Tron plans $50M–$100M Bitcoin addition despite broader treasury drawdowns
Global digital asset markets opened the week under pressure as Bitcoin extended losses below a key price threshold. The pullback followed sustained selling that pushed Bitcoin under $75,000 before a modest weekend rebound. Amid this backdrop, large treasury actions emerged and reshaped near term market focus around Bitcoin.
Bitcoin Market Weakness Sets the Stage
Bitcoin declined sharply after mid January and recorded a drop of more than twenty percent. As a result, the price briefly touched $74,674 before recovering above $77,000. This movement marked one of the steepest short term declines since early year trading.
Broader digital asset treasuries faced notable valuation pressure across major holdings. Several corporate treasury portfolios reported drawdowns exceeding thirty percent from recent highs. Balance sheet strategies shifted as volatility challenged prior accumulation trends.
Falling prices also encouraged selective accumulation by large market participants. Strategic buyers viewed current levels as entry points despite ongoing downside pressure. Therefore, Bitcoin remained central to treasury decisions across major blockchain entities.
Tron Expands Exposure Through Bitcoin Accumulation
Tron founder Justin Sun announced plans to increase treasury exposure through a substantial Bitcoin purchase. The proposed allocation targets between $50 million and $100 million in Bitcoin holdings. This decision followed the recent price correction and aligned with long term reserve strategy adjustments.
Tron positioned the move as part of broader digital asset diversification. The network historically focused on TRX while maintaining selective exposure to major cryptocurrencies. By adding Bitcoin, Tron aims to strengthen treasury resilience during extended market cycles.
At the same time, the purchase contrasted sharply with declining corporate treasury balances elsewhere. Many firms reduced exposure as prices weakened and liquidity tightened. In contrast, Tron moved to expand reserves while Bitcoin traded well below recent peaks.
Binance Signals Long Term Bitcoin Support via SAFU Fund
Binance also revealed a structured plan to acquire Bitcoin using stablecoin reserves. The exchange intends to deploy up to $1 billion from its SAFU fund gradually. This approach emphasizes measured accumulation rather than immediate market impact.
Additionally, Binance framed the strategy as part of long term asset protection planning. The SAFU fund traditionally supports user protection and operational stability. Allocating funds toward Bitcoin reflects confidence in its reserve asset role.
The Tron and Binance actions highlighted diverging responses to market stress. While some entities reduced exposure, others increased Bitcoin holdings at lower prices. As a result, Bitcoin continued to anchor treasury strategies despite ongoing price volatility.