Bonk News: Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

Bonk News: Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK (BONK) for its treasury, aligning the public company directly with the platform’s growth.Bonk.fun generated over $35 million in user fees in July, eclipsing rival Pump.fun to become the month’s highest-earning memecoin launchpad, according to DeFiLlama. …

Nasdaq-listed firm slumps 50% on BONK memecoin treasury play - WorldNL Magazine

Wellness drinks maker Safety Shot made a bold shift into a memecoin treasury strategy, but shareholders were not impressed. Shares in Nasdaq-listed drinks maker Safety Shot tanked 50% after announcing a plan to buy $25 million worth of the Bonk memecoin as part of a new treasury strategy. The company announced a strategic alliance with the Bonk founding contributors on Monday to deeply integrate the company with the memecoin ecosystem.Safety Sho…

BONK dips 11% despite getting corporate treasury boost: check forecast

Nasdaq-listed firm slumps 50% on BONK memecoin treasury play

Nasdaq-listed Safety Shot partners with the BONK memecoin for a $25 million token allocation, but stock fell 50% as the company pivoted to memecoins.

Safety Shot establishes BONK corporate treasury with $25 million token allocation - Coin Surges

Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors.  The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation. The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin treasury strategies beyond traditional Bitcoin holdings.  Recent…

New BONK Treasury Targets Up to $115 Million in Solana Meme Coin by Year-end

A drinks company is now adopting BONK as a treasury asset, and plans to acquire up to $115 million of the Solana meme coin by year-end.