Key Takeaways
- Safety Shot has established BONK Holdings LLC to manage its digital asset strategy and increased its BONK holdings to over $63 million.
- BONK now represents 2.5% of Safety Shot’s portfolio, reflecting a wider trend of corporate investment in digital assets.
Safety Shot established BONK Holdings LLC today to manage its digital asset strategy and added $5.0 million in BONK tokens to its treasury, bringing its total BONK holdings to over $63.0 million.
The Nasdaq-listed company’s BONK position now represents approximately 2.5% of the memecoin’s circulating supply. The newly formed subsidiary will oversee Safety Shot’s digital asset operations as the company expands into crypto assets.
Source: https://cryptobriefing.com/bonk-treasury-growth-safety-shot/
