Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Sets Year-End Target of 5%

Core Viewpoint - Safety Shot, Inc. is strategically increasing its holdings in BONK tokens, leveraging a new revenue stream from its investment in letsBONK.fun to capitalize on market downturns and seasonal trends in the cryptocurrency market [1][2][3][4][5]. Group 1: Company Strategy - The company has increased its holdings in BONK to over 2.7% of the total circulating supply and aims to reach 5% by the end of 2025 [1][3]. - Safety Shot received its first revenue share payment of $500,000 from its 10% interest in letsBONK.fun and anticipates an additional payment of approximately $650,000 within the next 27 days [2][3]. - The company is utilizing this non-dilutive revenue stream to acquire more BONK tokens, taking advantage of the recent sell-off in the cryptocurrency market [3][5]. Group 2: Market Positioning - Historically, the fourth quarter, especially October and November, has seen significant price appreciation for the BONK token, and the company is positioning itself to benefit from these seasonal trends [4][5]. - The CEO of Safety Shot emphasized the effectiveness of their strategy, highlighting the flexibility provided by a debt-free balance sheet to act opportunistically in building the treasury [5][6]. Group 3: Business Model - The company is focused on bridging traditional public markets with the digital asset ecosystem, aiming to acquire revenue-generating assets within the DeFi space to enhance its digital asset treasury [6]. - The approach allows for systematic growth of the digital asset treasury using operational revenue, creating a flywheel effect for shareholder value [5].