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Safety Shot Acquires 2.7% of BONK's Circulating Supply, Sets Year-End Target of 5%
Globenewswire·2025-10-08 12:30

Core Insights - Safety Shot, Inc. has received its first revenue share payment of $500,000 from its 10% interest in letsBONK.fun and plans to reinvest this into acquiring more BONK tokens [2][5] - The company aims to increase its holdings of BONK to 5% of the total circulating supply by the end of 2025, currently holding over 2.7% [1][5] - The strategy involves leveraging a non-dilutive revenue stream to accumulate BONK tokens during a market downturn, taking advantage of perceived discounts [3][5] Financial Performance - The company anticipates an additional revenue share payment of approximately $650,000 within the next 27 days [2] - The strong, debt-free balance sheet allows the company to act decisively in acquiring digital assets [3][5] Market Strategy - Historically, the fourth quarter, especially October and November, has seen significant price appreciation for the BONK token, positioning the company to capitalize on seasonal trends [4][5] - The approach aims to create a powerful flywheel for shareholder value by systematically growing the digital asset treasury using operational revenue [5] Company Overview - Safety Shot, Inc. is focused on bridging traditional public markets with the digital asset ecosystem, particularly through revenue-generating assets in the DeFi space [6]