BlockBeats news, on August 11, according to rockflow data, the stock price of the new BONK treasury company Safety Shot (SHOT) fell by 49.1% during the trading day, currently reported at $0.58, with a market value temporarily reported at $85.01 million. When the 'BONK Treasury' news was released, it briefly rose to $1.25 in pre-market trading.
BlockBeats previously reported that the US-listed company Safety Shot (NASDAQ: SHOT) announced a strategic alliance with BONK founding contributors, officially entering the decentralized finance (DeFi) sector. According to the agreement, the company will receive BONK tokens worth $25 million in exchange for issuing preferred shares convertible into common stock, totaling $35 million in value.
