Safety Shot, Inc. will integrate BONK tokens into its strategy, issuing preferred shares and enhancing its asset base.
Quiver AI Summary
Safety Shot, Inc. has announced a strategic alliance with the founding contributors of BONK, receiving an allocation of BONK tokens valued at approximately $25 million. In exchange, Safety Shot will issue Preferred Shares valued at $35 million, convertible into common stock. The partnership aims to integrate the company into the BONK ecosystem, leveraging the advantages of BONK, which operates on the Solana blockchain, allowing for high-speed, low-cost transactions compared to competitors. This collaboration is part of a broader strategy to strengthen Safety Shot's financial position and diversify its assets in the DeFi space. CEO Jarrett Boon emphasized the potential for value creation and further details will be shared with shareholders soon. Dominari Securities is the exclusive financial advisor for this transaction.
Potential Positives
- Company to receive $25 million in BONK tokens, enhancing its liquidity and balance sheet strength.
- Establishes a strategic alliance with BONK, integrating into a rapidly growing digital asset ecosystem.
- Focus on acquiring revenue-generating assets in the DeFi space, potentially unlocking new revenue streams and shareholder value.
- BONK's deflationary tokenomics may support long-term value growth, positioning Safety Shot advantageously in the market.
Potential Negatives
- Establishing a reliance on BONK tokens, a highly volatile digital asset, could expose Safety Shot to significant financial risks associated with cryptocurrency market fluctuations.
- The issuance of Preferred Shares valued at $35 million may dilute existing shareholders' equity and could lead to negative perceptions regarding the company's commitment to its current shareholders.
- The press release's forward-looking statements highlight potential risks and uncertainties, suggesting a lack of clarity and confidence in the company's future performance and strategy execution, particularly regarding the DeFi market.
FAQ
What is the strategic partnership between Safety Shot and BONK?
Safety Shot is forming a strategic alliance with BONK to integrate into its ecosystem and receive $25 million in BONK tokens.
How does this partnership benefit Safety Shot?
This partnership aims to enhance Safety Shot's financial position, diversify its assets, and unlock new avenues for shareholder value creation.
What are BONK tokens and their advantages?
BONK tokens are deflationary digital assets built on the Solana blockchain, offering high-speed, low-cost transactions compared to competitors.
How will Safety Shot use the BONK tokens?
The BONK tokens will be part of Safety Shot's treasury strategy, which focuses on acquiring revenue-generating assets within the DeFi space.
What is Safety Shot's current financial status?
Safety Shot has settled all debt and maintains over $15 million in cash, positioning itself for this new strategic initiative.
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 20 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:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 229,110 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $83,418
- XTX TOPCO LTD added 161,919 shares (+inf%) to their portfolio in Q1 2025, for an estimated $58,954
- 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
- JANE STREET GROUP, LLC removed 102,267 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $37,235
- KINGSTONE CAPITAL PARTNERS TEXAS, LLC added 62,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $20,585
- TYCHE WEALTH PARTNERS LLC added 50,000 shares (+142.9%) to their portfolio in Q2 2025, for an estimated $16,495
- GEODE CAPITAL MANAGEMENT, LLC removed 49,619 shares (-9.3%) from their portfolio in Q2 2025, for an estimated $16,369
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Company to Receive $25 Million in BONK Tokens from Founding Contributors of BONK, Establishing a New Model for Public Company Participation in DeFi
SCOTTSDALE, AZ, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT), today announced a groundbreaking strategic alliance with the BONK founding contributors to deeply integrate the Company with the BONK ecosystem.
In preparation for this new strategy, the Company has settled all outstanding debt and currently maintains a strong balance sheet with over $15 million in cash. The agreement will see Safety Shot, Inc., receive an initial allocation of BONK tokens valued at approximately $25 million. In consideration, the Company will issue Preferred Shares at a value of $35 million, which are convertible into shares of the Company’s common stock.
A Strategic Decision to Align with a Market Leader
The decision to focus on BONK as the core treasury asset is based on its clear and distinct advantages over its competitors. Built on the high-performance Solana blockchain, BONK benefits from superior technology that enables high-speed, low-cost transactions. This makes it highly efficient for trading and payments, giving it a significant technical edge over competitors like Shiba Inu and Pepe, which are often constrained by the high fees and slower speeds of the Ethereum network. Furthermore, unlike inflationary meme coins such as Dogecoin, BONK features deflationary tokenomics powered by the community. A "burn" mechanism is integrated into its ecosystem by various teams and applications, which permanently removes a portion of the token supply from circulation. This design aims to increase scarcity and support long-term value, powered by the community.
As of July 31, BONK holds a market capitalization of over $2 billion, making it the fourth-largest memecoin in the world, according to CoinMarketCap. The token also boasts more than 980,000 on-chain holders, as reported by SolScan, reflecting its widespread adoption.
“This strategic partnership represents the first stage of a much broader corporate evolution for our company,” said Jarrett Boon, CEO of Safety Shot. “By aligning with one of the most exciting ecosystems in digital assets, we are taking a bold first step. We look forward to sharing more details about the full scope of this strategy with our shareholders in the coming days as we continue to lead our beverage brands to new heights.”
This partnership is expected to enhance Safety Shot’s financial position, diversify its asset base, and unlock new avenues for shareholder value creation.
Dominari Securities, LLC. is serving as the exclusive financial advisor to Safety Shot in connection with the transaction.
About Safety Shot, Inc.
Safety Shot, Inc. (Nasdaq: SHOT) is a company evolving to bridge the gap between traditional public markets and the digital asset ecosystem. 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 Safety 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. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding the expected completion of the acquisition. These forward-looking statements are based on the current expectations of the management of Safety Shot and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Safety Shot, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Such statements are subject to risks and uncertainties, 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 and 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.
