Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Eyes 5% Target

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Safety Shot Inc. (NASDAQ: $SHOT) said Wednesday that its subsidiary, BONK Holdings LLC, has increased its holdings of (CRYPTO: $BONK) tokens to 2.7% of the circulating supply, reinforcing its aggressive treasury accumulation strategy. 

The company said the latest purchases were partly funded by a $500,000 revenue share it recently received from its 10% stake in the memecoin launchpad letsBONK.fun. It expects a further payment of approximately $650,000 within the next 27 days, which it plans to reinvest toward additional BONK token acquisition. 

Safety Shot also laid out a year-end target: increasing its stake to 5% of BONK’s circulating supply by December 2025. The company said it is capitalizing on recent market weakness to accumulate at what it views as discounted prices. 

“Receiving our first revenue share and immediately putting it to work demonstrates the power and efficiency of this accretive model,” said Jarrett Boon, CEO of Safety Shot. The company emphasized its strong balance sheet and lack of debt as enabling it to act opportunistically. 

Safety Shot (NASDAQ: SHOT) shares are trading at US$0.42, up 12.7 percent.

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