Banzai's board of directors approves purchase of Bitcoin as reserve asset
On November 27th, Banzai International, Inc. (NASDAQ: BNZI), a publicly traded company in the United States, announced that its board of directors has approved the purchase of Bitcoin as a treasury reserve asset. The board has authorized Banzai to use company funds to purchase and hold Bitcoin, up to a maximum of 10% of the company's corporate treasury accounts, in order to achieve financial asset diversification and hedge against inflation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Obol Collective may launch OBOL token on May 15
Price analysis 4/14: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LEO
Spot Solana ETFs to launch in Canada this week
Trade wars could spur governments to embrace Web3 — Truebit
Trending news
MoreCrypto prices
More








