Bitcoin was the 1st crypto to get a place in the portfolio of publicly listed companies. Following this, companies and institutions rushed to Ethereum with BNB and Solana, but now a Nasdaq-listed company has come into the limelight for its plan to include BONK memecoin as part of its new treasury strategy.
According to the press release dated August 11, 2025, Safety Shot Inc. has announced a strategic alliance with the founding contributors of BONK memecoin to deeply integrate the company with its ecosystem.
This announcement has sparked debate and uncertainty among the investors, and in the last trading session, it lost over 51.04% of its price, reaching $0.56.
In the same session, it opened trading at $0.98 after hitting a high of $1.02, it mirrored an intraday low of $0.51, and closed at $0.56.
In the last 5 trading sessions, Safety Shot stock has mirrored a massive decline of 42.45%, it began the period trading near $1.00 and experienced an early upward trend peaking at $1.20 a day before the BONK treasury-related announcement.
Safety Shot to add $25 million of BONK tokens to the treasury
The release by the company notes that with this agreement, Safety Shot will receive BONK tokens worth $25 million.
Worth noting that it will also be issuing preferred shares at a value of $35 million, which are convertible into shares of Safety Shot Inc.’s common stock.
The move to focus on BONK other than memecoins like Shiba Inu and Pepe is because of its extra advanced features and the working mechanism, which led its operations on the Solana blockchain, which is known as one of the most scalable and fastest.
As per the data available on TradingView, Safety Shot Inc reported $42.10k with a net income of negative $5.33 million and a net margin of negative 12,652.75%.
An overview of BONK token prices
In the past 24 hours, the Bonk token lost 11.38% of its price and has reached $0.00002436, making it the 50th most prominent in the market. At the same time, its market cap has fallen to $1.96 billion with a decline of 11.33%.
According to the data from CoinMarketCap, BONK token traded lowest at $0.00002426 intraday and its highest trading price recorded was $0.00000277, yet its all-time high is $0.00005916.
It is crucial to note that the market capitalization of BONK seems to be shrinking with a loss of 13.25% YTD, 20.97% in the past six months, 3.78% in a month, and around 9% in a week.
