Safety Shot sets up BONK Holdings to implement its digital asset strategy and now holds 2.5% of BONK's total circulation
Source: PANews
Time: 2025-09-12 00:05:10
PANews September 11th news, according to Globenewswire, Safety Shot, Inc. (NASDAQ: SHOT) announced the establishment of BONK Holdings LLC, a new subsidiary established to implement its digital asset strategy. BONK Holdings actively expands its financial reserves through two previous additional issuances and an additional $5 million acquisition in partnership with FalconX. BONK Holdings purchased 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 circulation, worth approximately US$55 million.