PANews
PANews|Sep 11, 2025 16:04
[Safety Shot Establishes BONK Holdings to Implement Digital Asset Strategy, Now Holds 2.5% of Total BONK Circulation] According to Globenewswire, Safety Shot, Inc. (NASDAQ: SHOT) announced the establishment of BONK Holdings LLC, a new subsidiary created to implement its digital asset strategy. BONK Holdings has actively expanded its capital reserves through two prior issuances and an additional $5 million acquisition in collaboration with FalconX. BONK Holdings purchased 228,908,284,661 BONK tokens at an average cost of 0.00002184. Through these acquisition efforts, the company now holds over 2.5% of the total BONK circulation, valued at approximately $55 million.
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