TechFlow news — On November 27, according to GlobeNewswire, U.S.-listed company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a treasury reserve asset. The board authorized Banzai to use corporate funds to acquire and hold Bitcoin of up to 10% of its corporate financial accounts, aiming to diversify financial assets and hedge against inflation.
Joe Davy, founder and CEO of Banzai, said: "We believe Bitcoin will diversify our assets and enable us to benefit from Bitcoin's potential long-term value."
Banzai is a marketing technology company providing essential marketing and sales solutions.
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