Micro-strategy drives “Bitcoin corporate reserve boom”! At least 11 U.S. listed companies have announced purchases of Bitcoin this year

Listed Company Banzai Allocates 10% of Funds to Purchase Bit

According to the press release issued by the US listed company Banzai International, the company's board of directors has authorized Banzai to use corporate funds to purchase and hold a certain amount of Bit, in order to diversify financial assets and hedge against inflation. Banzai stated that it will use up to 10% of its corporate treasury account funds to purchase Bit.

Banzai is a marketing technology company that provides artificial intelligence marketing and sales solutions for businesses of all sizes. Banzai CEO Joe Davy said that Bit will diversify the company's treasury and create long-term value for shareholders and the company.

"As adoption and institutional adoption increases, Bit is rapidly becoming a mainstream asset class. This diversification strategy is consistent with our recent improvements to our balance sheet and cost structure, laying the foundation for our future sustainable profitability."

US Listed Companies Adopting Bit Reserve Strategy

Driven by multiple factors such as the listing of Bit ETFs and Trump's victory, Microstrategy's Bit strategy has been hugely successful, so more and more US listed companies have started to emulate its strategy and announced the inclusion of Bit in their corporate financial reserve assets this year. So far, these companies include but are not limited to:

• Fitness equipment manufacturer Interactive Strength - Approved the allocation of up to $5 million to purchase Bit.
• Medical company Semler Scientific - Holds a total of 1,570 Bit.
• Artificial intelligence company Genius Group - Spent $14 million to purchase 153 Bit.
• Biotechnology company Enlivex Therapeutics - The board approved the purchase of up to $1 million worth of Bit.
• Video sharing platform Rumble - The board approved the purchase of up to $20 million worth of Bit.
• Biotechnology company Anixa Biosciences - The board approved the purchase of Bit, the specific amount is unknown.
• Alcohol e-commerce company LQR House - The board approved the purchase of up to $1 million worth of Bit.
• 3D printing company Steakholder Foods - The board approved the purchase of up to $1 million worth of Bit.
• Plant-based health tech company Jiva Technologies - The board approved the purchase of up to $1 million worth of Bit.
• Marketing company Thumzup Media Corp - The board approved the purchase of up to $1 million worth of Bit.

In addition, according to Zombit's previous report, tech giant Microsoft will also decide whether to include Bit in the company's financial reserve assets at its shareholders' meeting on December 10.