Safety Shot Inc., a company listed on Nasdaq, has received $25 million worth of BONK tokens from the team behind the meme coin.
They plan to keep buying more BONK and aim to hold up to $115 million worth by the end of 2025. That would be about 4–5% of all BONK tokens currently in circulation.
This move is part of a strategy led by their advisor, Dominari Securities. A key BONK contributor known as “Nom” will also join Safety Shot to help manage things on the blockchain.
Safety Shot is following a similar approach to MicroStrategy, which famously invested heavily in Bitcoin. Right now, Safety Shot is valued at around $83 million, while BONK’s total market value is over $2 billion.
