Safety Shot's BONK Holdings Unit Raises Its Holdings To More Than 2.7% Of Total Circulating Supply Of BONK
Benzinga Newsdesk 1 year ago
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Company Receives First Revenue Share from letsBONK.fun, Immediately Reinvests into BONK Treasury During Market DownturnSCOTTSDALE, AZ, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) today announced
Company Receives First Revenue Share from letsBONK.fun, Immediately Reinvests into BONK Treasury During Market Downturn
SCOTTSDALE, AZ, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) today announced that its subsidiary, BONK Holdings LLC, has increased its holdings to over 2.7% of the total circulating supply of BONK. The Company is also setting a new strategic target to acquire 5% of BONK's circulating supply by the end of 2025.
This significant increase in the Company's treasury follows the receipt of its first revenue share payment of $500,000 from its 10% interest in the memecoin launchpad, letsBONK.fun. The Company anticipates receiving an additional payment of approximately $650,000 within the next 27 days.