Bonk News: Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

Bonk News: Solana Memecoin BONK Gets a $25M Corporate Treasury Boost

Nasdaq-listed Safety Shot (SHOT) has taken a 10% revenue stake in Bonk.fun, among the largest memecoin launchpads on Solana. As part of a deal, Safety Shot will receive $25 million worth of BONK (BONK) for its treasury, aligning the public company directly with the platform’s growth.Bonk.fun generated over $35 million in user fees in July, eclipsing rival Pump.fun to become the month’s highest-earning memecoin launchpad, according to DeFiLlama. …

Memecoins in corporate treasury? Safety Shot takes $25M BONK bet

Safety Shot becomes one of the first ever public companies to add memecoins - BONK - to its digital asset treasury.

Meme coin news: BONK’s $115M deal, LEASH supply twist, FARTCOIN plunges

A publicly listed firm plans to purchase BONK worth $115 million by the end of 2025. Shiba Inu developer has clarified LEASH’s dramatic supply change. Fartcoin leads the downside with a 12% 24-hour price dip. Cryptocurrencies display recovery signals after July’s CPI inflation of 2.7% boosts sentiments in risky assets. Ethereum has crossed $4,400, renewing altseason conversations. Meanwhile, this article highlights ongoing developments in meme c…

BONK Bet Sends Safety Shot Stock Plunging Over 50%

The Nasdaq-listed beverage company stunned investors this week by announcing it would make the Solana-based memecoin Bonk the centerpiece of its corporate treasury. Within hours of the reveal, its stock had plunged by over 50%. The company, known for producing an alcohol detox drink, struck a deal with Bonk’s founding contributors to integrate deeply into the memecoin’s community. As part of the strategy, Safety Shot committed $25 million to pur…