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.
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