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NASDAQ-listed Company Safety Shot Announces Launch of BONK Treasury Strategy
Summary: According to stocktitan, NASDAQ-listed company Safety Shot (NASDAQ: SHOT) has announced a strategic alliance with BONK founding contributors to enter the decentralized finance (DeFi) sector. Under the agreement, the company will receive $25 million worth of BONK tokens and issue convertible preferred shares worth $35 million. With $15 million in cash and all debts paid ...
According to stocktitan, NASDAQ-listed company Safety Shot (NASDAQ: SHOT) has announced a strategic alliance with BONK founding contributors to enter the decentralized finance (DeFi) sector. Under the agreement, the company will receive $25 million worth of BONK tokens and issue convertible preferred shares worth $35 million.
With $15 million in cash and all debts paid off, the company has chosen BONK as its financial strategy target, citing the token's competitive advantages. Built on the Solana blockchain, BONK features high-speed trading and a deflationary token economic model, currently valued at over $2 billion with 980,000 on-chain holders.
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Link: NASDAQ-listed Company Safety Shot Announces Launch of BONK Treasury Strategy [Copy]
