Meta Description: Safety Shot (NASDAQ: SHOT) forms a strategic alliance with BONK’s founding contributors, receiving $25M in tokens and aiming for $115M in holdings by 2025’s end. Market reacts with a sharp sell-off. afety Shot’s Bold Crypto Pivot Nasdaq-listed beverage company Safety Shot, Inc. (SHOT) has entered a strategic alliance with the founding contributors of BONK, a Solana-based memecoin, to implement a corporate treasury strategy. The deal grants Safety Shot approximately $25 million worth of BONK tokens, in exchange for $35 million in convertible preferred shares. $115 Million BONK Accumulation Plan Beyond the initial token allocation, Safety Shot plans to acquire up to $115 million worth of BONK by the end of 2025, representing roughly 5% of the coin’s total supply at current prices. A pseudonymous BONK contributor, “Nom,” will join Safety Shot as a strategic advisor to guide treasury management and on-chain execution. Why BONK? BONK operates on the Solana blockchain, offering ultra-fast, low-cost transactions—an advantage over Ethereum-based memecoins like Shiba Inu and Pepe. It is also deflationary, using a token burn mechanism to reduce supply. As of July 31, 2025, BONK had a market capitalization exceeding $2 billion and over 980,000 on-chain holders. Investor Concerns & Stock Reaction Despite the strategic narrative, the stock market’s immediate reaction was negative. Safety Shot’s share price plunged nearly 50% in a single day, closing around $0.58, as investors questioned the risk of allocating significant treasury resources to a volatile memecoin. Industry Context This move draws comparisons to MicroStrategy’s Bitcoin accumulation strategy—except Safety Shot is applying the concept to a memecoin, making it one of the boldest corporate treasury experiments in the public markets. Disclaimer: This content is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency and stock investments carry risk, including total loss of capital. Always conduct your own research before making any financial decisions.
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