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Bonk, Inc. (Nasdaq: BNKK) announced Harbinger Research initiated equity coverage and characterizes the company as a potential premier public vehicle for the multi‑billion dollar BONK ecosystem built on the Solana blockchain.
Harbinger highlights Bonk's dual revenue engine: operational cash flow from ecosystem products (e.g., letsBONK.fun) plus a deflationary treasury strategy that burns BONK tokens. The report cites Solana's recent resurgence, noting nearly $3 billion in revenue generated over the past 12 months and increased developer/consumer activity. Harbinger provides independent estimates projecting significant revenue growth for Bonk, Inc., and frames the company's treasury exposure to BONK as a regulated market bridge for investors seeking DeFi ecosystem access on Nasdaq.
Bonk, Inc. (Nasdaq: BNKK) describes its strategy to build a public company around the BONK token, emphasizing community scale, deflationary mechanics, and revenue tied to letsBONK.fun fees.
Key facts: BONK launched Dec 2022 with a 100 trillion supply; ~12 trillion tokens (≈$340 million market value) have been burned, reducing supply >10% in under three years. The ecosystem reports ~1 million unique on-chain holders and 400+ integrated products that feed buy-back-and-burn activity. Bonk, Inc. says its revenue share from letsBONK.fun could gain from historically strong Q4 crypto seasonality.
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