US publicly traded company Safety Shot announced that it will launch the BONK Treasury Strategy

2025.08.11 20:40:33

On August 11th, as per stocktitan, the US-listed company Safety Shot (Nasdaq: SHOT) announced a strategic alliance with a founding contributor of BONK and officially entered the field of Decentralized Finance (DeFi). Under the terms of the agreement, the company will receive $25 million worth of BONK tokens and will issue preferred shares convertible into common stock with a total value of $35 million in exchange. This enterprise, which has $15 million in cash and has paid off all its debts, chose BONK as its financial strategy target mainly considering the token's competitive advantages. Built on the Solana blockchain, BONK has high-speed transaction capabilities and a deflationary tokenomics model. Currently, it has a market capitalization exceeding $2 billion and 980,000 on-chain holders.

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