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2mo ago

Safety Shot Rebrands as Bonk, Inc., Will Trade on Nasdaq as BNKK

The rebrand underscores a pivot to a BONK‑focused digital‑asset treasury financed by revenue from a 10% stake in letsBONK.fun.

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Overview

  • Trading under the new name Bonk, Inc. and ticker BNKK is set to begin on Friday, October 10, 2025, according to the company.
  • Management frames the move as completing a strategic transformation to serve as a public‑market proxy for the BONK ecosystem.
  • BONK Holdings now controls over 2.7% of BONK’s circulating supply, with a stated goal of reaching 5% by the end of 2025.
  • The company reported a $500,000 revenue share received from letsBONK.fun and expects about $650,000 more within roughly 27 days, with proceeds reinvested into BONK as a non‑dilutive strategy.
  • Benzinga reported SHOT shares rose about 10.9% to roughly $0.41 after the update, and noted cash on hand excluding crypto at $467,000 as of the last earnings call.