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Safety Shot establishes $BONK Holdings LLC and grows $BONK treasury to over $63M
New subsidiary signals Safety Shot’s commitment to expanding its presence in digital assets and corporate crypto treasury management.
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.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.