$BONK Treasury Safety Shot Targets $115 Million Acquisition by Year-End


Healthy beverage company Safety Shot Inc. received $25 million worth of $BONK tokens on Monday as part of its treasury pivot.


The NASDAQ-listed firm (SHOT) plans to acquire 4-5% of the total $BONK supply, worth approximately $115 million at current prices.


Pseudonymous $BONK core contributor Nom will join Safety Shot in a strategic capacity to assist with token accumulation.


The move provides traditional investors exposure to the #Solana meme coin without direct token holding requirements.


Safety Shot stock has declined 92% from its $8.88 all-time high, while $BONK maintains over $2 billion market cap.


The wellness company follows successful models like MicroStrategy's #Bitcoin treasury and SharpLink Gaming's #Ethereum approach.


$BONK launched as a community airdrop to #Solana developers after FTX's collapse, helping revive the blockchain ecosystem.


The company stock dropped 51% following the announcement as investors assess the #treasury transformation risks.

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August 12, 2025 at 5:11 AM
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