Safety Shot establishes BONK corporate treasury with $25 million token allocation

Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors. The Nasdaq-listed company...

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Safety Shot establishes BONK corporate treasury with $25 million token allocation

Source: CryptoSlate

Safety Shot announced on August 11 the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors. The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation. The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin […]