Deep Tide TechFlow news, on November 27, according to Globenewswire, the U.S. publicly traded company Banzai International, Inc. (NASDAQ: BNZI) announced that its board of directors has approved the purchase of Bitcoin as a financial 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 achieve diversification of financial assets and hedge against inflation.
Banzai founder and CEO Joe Davy stated: 'We believe that Bitcoin will diversify our assets and enable us to benefit from the potential long-term value of Bitcoin.'
It is reported that Banzai is a marketing technology company that provides essential marketing and sales solutions.
