Safety Shot Locks in $25M BONK Token Deal: What This Partnership Means for Solana's Biggest Memecoin

WhaleStalker · 2025-12-26T20:45:07+00:00

Safety Shot has partnered with the BONK founding team, acquiring $25 million in BONK tokens and issuing $35 million in preferred stock. This move signifies confidence in BONK's long-term potential and reflects Safety Shot's strategy to integrate traditional and decentralized markets.

WhaleStalker

2025-12-26 20:45:07

Abstract generation in progress

Nasdaq-listed Safety Shot just dropped a major move in the crypto space. The company inked a strategic partnership with the BONK founding team, securing $25 million worth of BONK tokens while issuing $35 million in convertible preferred stock in return. Dominari Securities brokered the deal as exclusive financial advisor.

The Numbers Behind the Move

Here’s where it gets interesting. Safety Shot has already cleared all outstanding debts and is sitting on $15 million in cash. This fresh capital injection is clearly aimed at diversifying the company’s asset portfolio. By integrating BONK into its balance sheet, the company signals confidence in the token’s long-term potential.

BONK continues to prove its staying power as Solana’s dominant memecoin. Currently ranking as the fourth largest memecoin across the entire blockchain ecosystem, BONK boasts over 984,815 active on-chain holders—a remarkable indicator of genuine community engagement. With a market cap hovering around the $2 billion range, the token has demonstrated serious staying power beyond typical memecoin hype cycles.

Why This Matters

This partnership represents more than just a financial transaction. Safety Shot’s strategic bet on BONK suggests institutional confidence in the token’s ecosystem and utility narrative. For BONK holders and the broader Solana community, it validates the token’s credibility as an asset worthy of corporate-level holdings.

The move also hints at Safety Shot’s broader strategy: positioning itself at the intersection of traditional markets and decentralized crypto assets. By securing nearly a billion-dollar token stake, the company is essentially betting on BONK’s continued relevance in the memecoin landscape.

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