The board of directors of US-listed company Banzai has approved its purchase of bitcoin as a reserve asset
On November 27, Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of bitcoin as a fiscal reserve asset. The board authorized Banzai to use company funds to purchase and hold bitcoin up to 10% of the company's corporate financial account to diversify financial assets and hedge against inflation.
Banzai is a marketing technology company that provides basic marketing and sales solutions.