Safety Shot’s Bonk deal tests whether memecoins can evolve from hype to high finance.
Safety Shot has added $25 million worth of BONK to its treasury, a rare corporate move into memecoins. While public companies often hold Bitcoin or Ethereum, this pushes into riskier territory.
A public company putting memecoins in its treasury isn’t something you see every day. But Safety Shot just did exactly that, taking in $25 million worth of Bonk [BONK]!
In the process, they’re also testing whether a token born from internet culture can hold its own as a serious corporate asset.
Safety Shot has struck a deal with the founding contributors of BONK, taking in $25 million worth of the Solana-based memecoin as part of a new treasury strategy.
In exchange, the company will issue $35 million in preferred shares, convertible into common stock. The move comes after Safety Shot cleared all outstanding debt and reported over $15 million in cash reserves.
Semua Komentar0TerkiniHangat