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
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
