Safety Shot, Inc. forms BONK Holdings to manage its digital asset strategy, acquiring $5 million in BONK tokens.
Quiver AI Summary
Safety Shot, Inc. has announced the establishment of a new subsidiary, BONK Holdings LLC, to focus on its digital asset strategy. The company has made a significant investment of $5 million to bolster its BONK treasury, which now exceeds $63 million after acquiring over 228 billion BONK tokens. This move positions Safety Shot as a key player in the BONK ecosystem, aiming to unlock shareholder value and explore new revenue streams through active management of its digital assets in the Solana DeFi space. The CEO, Jarrett Boon, emphasized the importance of this initiative and the potential for additional returns that could strengthen the company's financial position. The press release also highlights the company's revenue-sharing arrangement with the profitable platform letsBONK.fun, which will help fund future acquisitions of BONK tokens.
Potential Positives
- Formation of BONK Holdings LLC represents a significant strategic evolution for Safety Shot, Inc., focusing on its digital asset strategy.
- Acquisition of $5 million in BONK tokens increases the company's treasury to over $63 million, showcasing robust financial positioning.
- Management plans to actively engage in the Solana DeFi ecosystem, which could generate additional revenue streams and strengthen the company's balance sheet.
- Ongoing revenue-sharing from the letsBONK.fun platform will support further BONK token acquisitions, indicating a plan for sustainable growth and value creation for shareholders.
Potential Negatives
- The company is heavily investing in digital assets, which may expose it to significant market volatility and inherent risks associated with cryptocurrency markets.
- There is a reliance on the performance of the BONK token and the successful execution of the treasury strategy, both of which carry uncertainties that could impact financial performance.
- The title indicates a focus on a digital asset strategy, which might divert attention and resources from the traditional beverage business, raising concerns about operational balance.
FAQ
What is BONK Holdings LLC?
BONK Holdings LLC is a newly formed subsidiary of Safety Shot, Inc. that focuses on the company's digital asset strategy.
How much did Safety Shot invest in BONK acquisitions?
Safety Shot invested $5 million, increasing its BONK treasury to over $63 million.
What are the goals of BONK Holdings?
The goals include actively managing assets, creating revenue streams, and increasing shareholder value in the BONK ecosystem.
How does Safety Shot plan to manage its digital assets?
Safety Shot plans to participate in Solana DeFi activities such as staking, liquidity provision, and yield farming.
What is the significance of the letsBONK.fun platform for Safety Shot?
letsBONK.fun provides a 10% revenue sharing that will fund ongoing BONK token acquisitions, enhancing the company's treasury.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SHOT Hedge Fund Activity
We have seen 28 institutional investors add shares of $SHOT stock to their portfolio, and 30 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- XTX TOPCO LTD removed 115,153 shares (-71.1%) from their portfolio in Q2 2025, for an estimated $37,988
- C2P CAPITAL ADVISORY GROUP, LLC D.B.A. PROSPERITY CAPITAL ADVISORS removed 102,712 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,397
- BLACKROCK, INC. removed 102,597 shares (-16.3%) from their portfolio in Q2 2025, for an estimated $33,846
- JANE STREET GROUP, LLC removed 102,267 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,235
- MYDA ADVISORS LLC added 100,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $32,990
- UBS GROUP AG removed 65,585 shares (-95.6%) from their portfolio in Q2 2025, for an estimated $21,636
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC added 62,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $20,585
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Company Forms New Subsidiary to House Digital Asset Strategy; Executes $5 Million Purchase to Increase BONK Treasury to Over $63 Million
SCOTTSDALE, AZ, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT), today announced a major step in its strategic evolution with the formation of BONK Holdings LLC , (BONK Holdings) a new subsidiary created to house its digital asset strategy.
BONK Holdings has aggressively built its treasury through two previous raises and an additional $5 million purchase executed in partnership with FalconX . BONK Holdings has acquired 228,908,284,661 $BONK at an average cost of 0.00002184. With these acquisitions, the Company now holds over 2.5% of the total circulating supply of BONK , valued at approximately $55 million .
Mitchell Rudy (a.k.a. Nom), a BONK core contributor and key strategic advisor, outlined the vision for the Company: “Our primary mission is to unlock the intrinsic value of this company for our shareholders. Our goal is not just to realize this immediate value, but to find new and creative ways to leverage our BONK treasury into new revenue streams for the future.”
The Company’s strategy for its BONK treasury will extend beyond simple accumulation. BONK Holdings plans to actively manage its digital assets by participating in the Solana DeFi ecosystem through activities such as staking, providing liquidity, and yield farming. This active treasury management is designed to generate additional, non-dilutive returns, further strengthening the Company's balance sheet and creating a self-sustaining model for continued growth.
“The formation of BONK Holdings and our strategic partnership with FalconX are pivotal steps in our mission to build the premier, publicly traded vehicle for the BONK ecosystem,” said Jarrett Boon, CEO of Safety Shot. “We are aggressively accumulating a significant position in what we believe is a top-tier digital asset. The fact that our current digital and cash assets alone are valued above our entire market cap highlights the tremendous and currently unrecognized value of our Sure Shot and Yerbaé brands.”
The Company also noted that its 10% revenue sharing interest from the highly profitable letsBONK.fun platform has begun to accrue and will be used to fund ongoing BONK token acquisitions once custody practices are finalized.
About Safety Shot, Inc. Safety Shot, Inc. (Nasdaq: SHOT), is a company evolving bridge the gap between traditional public markets and the digital asset ecosystem. Following its strategic integration with letsBONK.fun, the Company is executing a new strategy focused on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets. The Company’s beverage division holds the patented Sure Shot beverage, designed to rapidly reduce blood alcohol content as well as Yerbaé’s plant-based, energy beverage.
Investor Relations: Phone: 561-244-7100 Email: [email protected]
Forward-Looking Statements: This press release contains forward-looking statements. Such statements are subject to risks and uncertainties, many of which are outside of the Company’s control, and actual results could differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the performance of BONK tokens, the successful integration and operational success with letsBONK.fun, the ability to execute on the Company’s treasury strategy, and other risks detailed in Safety Shot’s filings with the Securities and Exchange Commission.
