BONK enters into a $25 million partnership with Safety Shot, intending to buy approximately $115 million tokens by the end of the year

According to official news, BONK announced a $25 million strategic cooperation agreement with Nasdaq-listed company Safety Shot, which plans to purchase about $115 million worth of tokens by the end of the year, accounting for about 5% of BONK's total supply. Under the agreement, control of the Safety Shot board will be handed over to BONK’s leadership, and BONK’s core contributor Nom will serve as a strategic consultant, guiding the company’s BONK overweight strategy and providing expertise in blockchain operations. Safety Shot plans to use $15 million in cash reserves to increase its BONK holdings to $40 million and make an additional offering up to $100 million by the end of the year to further increase its holdings. The company also plans to change its Nasdaq stock code from SHOT to BNKK and eventually to BONK, with the specific time being subject to regulatory approval. Meanwhile, BONK.fun announced it was selected as Trump’s official USD1 launch platform for free finance. This strategic collaboration makes BONK.fun the main platform for introducing major Web2 companies into blockchain, further consolidating its role as a portal to a decentralized future. More details on the collaboration and the upcoming initiative will be released soon.