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Company Interview / Zoom2U's bet on Bitcoin

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Zoom2U's bet on Bitcoin

Company Interview30 Jan, 2025

Steve Orenstein CEO of Zoom2u Technologies (ASX:Z2U) shares that the company reports a 5% growth in Q2 despite economic challenges. He highlights a focus on efficient spending and revenue growth, citing $45K in group EBITDA and $20K positive cash flow on $3.2M revenue

Steve delves into cryptocurrency, stating Zoom2u Technologies (ASX:Z2U) plans to allocate a portion of its cash in Bitcoin for treasury management when feasible. He views Bitcoin as a hedge against inflation and a potential future currency, underscoring its limited supply of 21 million

AI's role in business growth is crucial, says Steve. He indicates Zoom2u's (ASX:Z2U) adoption of AI for data analysis, communication, and customer service optimization. Enhancements aim to improve delivery experiences and efficiency, highlighting the push toward tech innovation.

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Zoom2U's bet on Bitcoin - Ausbiz Capital