Bonk Holdings Invests $32M in BONK Tokens: A Major Shift for Meme Coins?

Bonk Holdings Inc., formerly known as Safety Shot, made a significant move by purchasing $32 million worth of BONK tokens on Nasdaq. This marks the company’s first major crypto treasury acquisition and signals a strategic shift towards digital assets. While the purchase boosts BONK’s institutional credibility, it led to a short-term price dip as traders capitalized on the news.