Safety Shot founded BONK Holdings to implement its digital asset strategy and now holds 2.5% of BONK's total circulation
Online report, Safety Shot, Inc. (NASDAQ: SHOT) announced the formation of BONK Holdings LLC, a new subsidiary formed to implement its digital asset strategy. BONK Holdings has actively expanded its capital reserves through two previous additional issues and an additional US$5 million acquisition with FalconX. BONK Holdings purchased 228,908,284,661 BONK tokens at an average cost of 0.0002184. Through these acquisitions, the company now holds more than 2.5% of BONK's total circulation, worth approximately US$55 million.
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