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Xiaoming Wow
Crypto Newbie
08-12 11:41
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Nasdaq-listed Safety Shot Inc. has acquired $25 million worth of BONK tokens from the team behind the meme coin. They plan to continue purchasing more BONK tokens, aiming to hold up to $115 million worth by the end of 2025. This would represent 4-5% of the total BONK tokens currently in circulation. The move is part of a strategy led by its advisory firm, Dominari Securities. A key BONK contributor known as "Nom" will also join Safety Shot to help manage transactions on the blockchain. Safety Shot has adopted a similar strategy to MicroStrategy, which has invested heavily in Bitcoin. Currently, Safety Shot is valued at approximately $83 million, while BONK's total market capitalization exceeds $2 billion. #Mimcoin #Shibalnu #MEME #Megadrop #mi_395
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