Safety Shot Establishes BONK Holdings to Implement Digital Asset Strategy, Now Holds 2.5% of Total BONK Circulation
2025-09-11 16:13:02
Safety Shot, Inc. (NASDAQ: SHOT) announced the formation of BONK Holdings LLC, a new subsidiary formed to implement its digital asset strategy. BONK Holdings has aggressively expanded its capital reserves through two previous secondary offerings and an additional $5 million acquisition in partnership with FalconX. BONK Holdings acquired 228,908,284,661 BONK tokens at an average cost of 0.00002184. Through these acquisitions, the company now holds more than 2.5% of BONK's total liquidity, valued at approximately $55 million.
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