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.
Photo: Cailin Doran
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.
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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.
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