Particle.news
Download on the App Store
7 ARTICLES
·
last wk.

Safety Shot Allocates $25M in BONK to Launch Treasury and Targets 5% of Supply

The firm issued $35 million in convertible preferred shares in exchange for the tokens, integrating core contributor Nom in a strategic role to guide its push for roughly 4–5% of the memecoin supply by year-end.

Solana memecoin bonk gets a $25m corporate treasury boost
memecoin treasury
Image
bonk treasury strategy

Overview

  • Safety Shot secured a $25 million allocation of BONK tokens from founding contributors to build its new corporate treasury.
  • The company has set a goal to amass roughly 4–5% of BONK’s total supply by December, which at current prices could require about $115 million in purchases.
  • Executives pointed to Solana’s rapid, low-cost transactions as the primary reason for choosing BONK over Ethereum-based memecoins.
  • Following the announcement, the Nasdaq-listed stock declined by more than 50% as investors weighed the shift from wellness products to aggressive crypto holdings.
  • Safety Shot joins a growing roster of public companies in 2025 diversifying treasuries into altcoins, a strategy that carries heightened liquidity, regulatory and valuation risks.