Safety Shot Invests Heavily in BONK Tokens, Acquiring Over 2% of Supply

Safety Shot Inc. has made a significant move by acquiring over 2% of the circulating supply of BONK tokens, establishing BONK Holdings LLC as their new digital asset management subsidiary. This strategic acquisition positions them to leverage the growing DeFi ecosystem on Solana, unlocking potential revenue streams and influencing the value of BONK tokens. The company purchased 228.9 billion BONK tokens from FalconX for $5 million, marking a substantial step towards integrating BONK into the Solana DeFi network.