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Safety Shot establishes $BONK Holdings LLC and grows $BONK treasury to over $63M

Safety Shot establishes $BONK Holdings LLC and grows $BONK treasury to over $63M

Photo: Cailin Doran

New subsidiary signals Safety Shot’s commitment to expanding its presence in digital assets and corporate crypto treasury management.

by Estefano Gomez

1 min read

In Meme Coins

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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.

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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.

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