Jarrett Boon, CEO of Bonk, Inc., added, "The arrival of TenX as a major holder and partner is a watershed moment. When another public company-fresh off a $29.9 million CAD financing-allocates significant capital to acquire ~220 billion BONK, it confirms what we have said all along: this asset is moving from the fringe to the balance sheets of regulated entities. We welcome TenX to the ecosystem and look forward to seeing their infrastructure expertise drive further utility." About TenX Protocols Inc. TenX ( ...

Core Insights - Bonk, Inc. has reported a significant increase in revenue, generating over $1.36 million in just 14 days, marking a 162% increase compared to the same period in November [2][8] - The daily revenue run rate has surged by approximately 700%, with daily peaks reaching over $178,000, indicating a structural change in platform usage [4][8] - The company holds a 51% majority revenue interest in the platform, positioning it as the primary beneficiary of this revenue surge, which is expected to positively impact Q4 financial results [4][8] Revenue Performance - Total revenue for the first two weeks of December reached approximately $1.36 million, more than doubling the $519,000 generated during the first two weeks of November [2][8] - Daily revenue has shown explosive growth, with a new baseline established at approximately $80,000 for the trailing week, compared to lows of around $12,000 in November [8] Financial Impact - The surge in revenue represents a step-function change in the company's financial profile, creating a high-margin revenue stream that enhances shareholder value [4][8] - The structural link between ecosystem revenue and token burns suggests that this revenue spike acts as a hyper-deflationary event, reducing global supply and increasing asset scarcity [4] Management Commentary - The CEO of Bonk, Inc. described the revenue numbers as "explosive," emphasizing that the results validate the company's strategic positioning to capture significant upside in the market [5]

Core Viewpoint - Bonk, Inc. projects a baseline of 100% year-over-year revenue growth for fiscal 2026, supported by a debt-free balance sheet and contributions from its digital asset infrastructure and beverage division [1][4]. Financial Guidance - The company has undergone a year-long transformation, including capital reorganization and elimination of legacy liabilities, to support sustainable and profitable expansion as it enters 2026 [2]. - The beverage division, specifically the Yerbaé brand, is expected to contribute approximately $4 million in revenue in 2026, transitioning from a cost center to a profitable business line [7]. Growth Drivers - The projected revenue growth does not fully account for potential exponential growth driven by changes in the U.S. legislative landscape [4]. - Bonk, Inc. holds a 51% revenue interest in BONK.fun, valued at around $30 million, which is expected to generate recurring cash flow through new product launches [7]. Corporate Strengths - The company has eliminated debt, which will lower interest expenses and enhance profitability as it enters 2026 [6]. - The enactment of the GENIUS Act in July 2025 is expected to drive institutional demand for digital assets, benefiting Bonk, Inc.'s treasury model [7]. - The advancement of the FIT21 Act is anticipated to provide regulatory clarity, unlocking institutional liquidity and enhancing transaction velocity [7]. Governance and Market Position - The Board has been refreshed with experienced directors to improve oversight and execution in decentralized finance and capital markets [7]. - Bonk, Inc. has a current market NAV of 1.85x, indicating a premium value assigned to its active revenue engines compared to passive holdings [7]. - The launch of a regulated BONK ETP on the SIX Swiss Exchange is expected to broaden institutional access and support NAV expansion in 2026 [7]. Capital Structure - A reverse stock split will align the share count with the reconstituted market capitalization, improving comparability for EPS metrics and institutional participation [8]. - The company will have approximately 5.3 million shares outstanding post-split, with no legacy debt, positioning it for deeper liquidity and institutional coverage [8].

Core Viewpoint - Bonk, Inc. is implementing a 1-for-35 reverse stock split as a final step in its transformation from a beverage company to a digital asset holding company, aimed at aligning its share structure with its new revenue-generating business model [1][3]. Strategic Rationale - The reverse stock split is part of a comprehensive restructuring that includes eliminating legacy debt, acquiring a majority revenue interest in Bonk.fun valued at approximately $30 million, and building a significant treasury of BONK digital assets [3]. - The consolidation aims to align the number of outstanding shares with the company's new market capitalization and asset base, attract institutional capital, and ensure compliance with Nasdaq listing requirements [6][4]. Transaction Details - The reverse stock split will take effect on December 11, 2025, reducing the number of outstanding shares from approximately 184,976,280 to about 5,285,037 [2][7]. - The reverse stock split was approved by stockholders at a special meeting held on June 12, 2025 [4]. Leadership Commentary - The CEO of Bonk, Inc. stated that the company has rebuilt itself into a debt-free, revenue-generating entity and that the capital optimization through the reverse stock split is the final piece of the transformation puzzle [4]. Shareholder Information - Stockholders will not need to take any action to receive post-split shares, as adjustments will be made automatically for those holding shares in book-entry form or brokerage accounts [9][10]. - No fractional shares will be issued; instead, stockholders entitled to fractional shares will receive cash for those fractions [10]. Company Overview - Bonk, Inc. is evolving to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets within the DeFi space while also operating a beverage division [11].

Core Insights - Bonk, Inc. has acquired a majority revenue interest in Bonk.fun, valued at approximately $30 million, to accelerate the accumulation of 5% of the total circulating supply of BONK [1][1][1] - The company aims to become the largest institutional holder of BONK digital assets, leveraging the revenue stream to purchase and hold BONK assets at scale [1][1][1] - Bonk.fun generated around $30 million in revenue in July 2025, indicating strong liquidity potential during bull markets [1][1][1] Revenue Strategy - The acquisition of a 51% revenue stream is intended to provide direct capital flow for BONK asset purchases [1][1] - Two additional products are set to launch by the end of December, designed to integrate with the BONK ecosystem and create new revenue channels [1][1][1] - This expanded revenue model is expected to expedite the treasury accumulation strategy [1][1] Leadership Perspective - Mitchell Rudy, a core contributor and Board Director, emphasized the company's strategy to solidify a dominant position in BONK supply through the majority revenue interest [1][1] - The strategy is described as building a "fortress balance sheet" to lock in long-term value and enhance market confidence [1][1] Company Overview - Bonk, Inc. operates to bridge traditional public markets and the digital asset ecosystem, focusing on acquiring revenue-generating assets in the DeFi space [1][1] - The company also has a beverage division that includes the patented Sure Shot and Yerbaé brands [1][1]

Core Insights - Bonk, Inc. has completed its strategic transformation, settling legacy obligations and achieving its first-ever gross profit in the beverage segment, positioning itself for positive cash flow in the near future [1][2][5] Financial Performance - The company reported beverage sales of $1.51 million for the quarter, representing a more than 1,200% increase compared to $110,213 in the same period last year [8] - A gross profit of $543,142 was achieved, a significant turnaround from a gross loss of $(292,186) in the prior year period [8] - The company recorded $509,085 in related party income from digital assets, highlighting the financial impact of the new letsBONK.fun revenue-sharing agreement [8] Operational Developments - The beverage division is now free from the debts associated with the Yerbaé acquisition, allowing for improved profit margins as cost-streamlining measures take effect [5] - The digital asset strategy is yielding results sooner than expected, contributing to a high-margin, recurring income stream [5] Balance Sheet Strength - Bonk, Inc. has eliminated its legacy debt and holds approximately $9 million in cash as of September 30, 2025, providing a solid foundation for future growth without the need for immediate dilutive capital raises [2][8] - The company is on track to become cash flow positive as early as the fourth quarter of 2025 or the first quarter of 2026 [7]

Core Insights - Bonk, Inc. has completed a strategic refresh of its Board of Directors, appointing three new members to enhance expertise in digital assets and capital markets [1][2][3] - The new Board composition gives Bonk-aligned members a clear majority, with a total of seven members [2] - The company is focusing on its subsidiary, BONK Holdings LLC, as part of its new strategy [2] New Appointments - Connor Klein, an investment partner at New Form Capital, brings expertise in financial infrastructure and DeFi [4] - Stacey Duffy, a financial due diligence expert, has extensive experience in complex transactions for corporate and private equity clients [4] - Jamie McAvity, co-founder and CEO of Cormint, Inc., has a proven track record in scaling high-growth operations in the digital asset space [4] Board Changes - The resignations of Jordan Schur and Rich Pascucci from the Board were announced, although Schur will continue as President of Bonk, Inc. [3] - The new appointments are seen as a strategic advantage for the company as it aims to build a premier public vehicle for the BONK ecosystem [3][4] Company Strategy - Bonk, Inc. is evolving to bridge traditional public markets with the digital asset ecosystem, focusing on acquiring revenue-generating assets within the DeFi space [3] - The company also has a beverage division that includes a patented product designed to reduce blood alcohol content [3]

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]

Core Insights - Safety Shot, Inc. has appointed three new directors with expertise in venture capital, financial due diligence, and Bitcoin mining to support its growth strategy [1][2][3] - The new board composition will consist of seven members, with a majority aligned with the company's subsidiary, BONK Holdings LLC [2] - The company aims to bridge traditional public markets with the digital asset ecosystem and is focusing on acquiring revenue-generating assets in the DeFi space [3] New Board Members - Connor Klein, an investment partner at New Form Capital, has a background in financial infrastructure, real-world assets, and DeFi, previously working at Morgan Stanley and a crypto payments startup [4] - Stacey Duffy is a financial due diligence expert with experience in complex transactions for corporate and private equity clients, having worked at Alvarez & Marsal and KPMG [4] - Jamie McAvity, co-founder and CEO of Bitcoin mining company Cormint, has scaled operations to 130MW and has been recognized for efficiency in Bitcoin mining [4] Strategic Direction - The appointments are intended to enhance the company's capabilities in digital assets and high-growth operations, particularly in relation to BONK Holdings [2][3] - The CEO of Safety Shot emphasized the importance of the new directors' expertise in executing the company's vision and unlocking the value of its beverage division [3]

Core Insights - Safety Shot, Inc. has formed a new subsidiary, BONK Holdings LLC, to manage its digital asset strategy and has executed a $5 million purchase to increase its BONK treasury to over $63 million [1][2] Group 1: Company Strategy - BONK Holdings has built its treasury through previous raises and a recent $5 million purchase, acquiring approximately 228.9 billion $BONK at an average cost of $0.00002184, now holding over 2.5% of the total circulating supply valued at around $55 million [2] - The company aims to unlock intrinsic value for shareholders and plans to actively manage its BONK treasury by participating in the Solana DeFi ecosystem through staking, providing liquidity, and yield farming, which is expected to generate non-dilutive returns [3] - The formation of BONK Holdings and the partnership with FalconX are seen as pivotal steps in establishing a premier publicly traded vehicle for the BONK ecosystem, with the current digital and cash assets valued above the entire market cap [4] Group 2: Revenue Generation - The company has a 10% revenue sharing interest from the profitable letsBONK.fun platform, which will fund ongoing BONK token acquisitions once custody practices are finalized [4] - Safety Shot is focused on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets, bridging traditional public markets and the digital asset ecosystem [5]