Safety Shot Acquires 2.7% of BONK’s Circulating Supply, Sets Year-End Target of 5%
Rhea-AI Summary
Safety Shot (NASDAQ: SHOT) said subsidiary BONK Holdings increased its stake to over 2.7% of BONK’s circulating supply and set a year-end target to reach 5%. The treasury accumulation follows receipt of a $500,000 revenue share from the company’s 10% interest in letsBONK.fun, with an additional ~$650,000 expected within 27 days. The company says it is reinvesting non-dilutive operational revenue into BONK during a market sell-off and cites a debt-free balance sheet as enabling opportunistic buys ahead of historically stronger Q4 token performance.
Positive
- Treasury now holds >2.7% of BONK circulating supply
- Company set target to reach 5% BONK supply by end-2025
- Received first revenue share of $500,000 from letsBONK.fun
- Expected additional ~$650,000 revenue within 27 days
- Debt-free balance sheet enabling opportunistic token purchases
Negative
- Planned 5% target increases concentrated exposure to BONK token
- Strategy depends on historically stronger BONK Q4 performance
- Current broader cryptocurrency sell-off may depress token value near-term
News Market Reaction 54 Alerts
On the day this news was published, SHOT gained 13.45%, reflecting a significant positive market reaction. Argus tracked a peak move of +34.1% during that session. Our momentum scanner triggered 54 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $9M to the company's valuation, bringing the market cap to $80M at that time.
Data tracked by StockTitan Argus on the day of publication.
Company Receives First Revenue Share from letsBONK.fun, Immediately Reinvests into BONK Treasury During Market Downturn
SCOTTSDALE, AZ, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Safety Shot, Inc. (Nasdaq: SHOT) today announced that its subsidiary, BONK Holdings LLC, has increased its holdings to over
This significant increase in the Company’s treasury follows the receipt of its first revenue share payment of
Safety Shot is strategically deploying this new, non-dilutive revenue stream to acquire additional BONK tokens. The Company is opportunistically taking advantage of the recent sell-off in the broader cryptocurrency markets to accumulate BONK at what it believes to be a significant discount. This strategy is bolstered by the Company’s strong, debt-free balance sheet, which provides the flexibility to act decisively.
Historically, the fourth quarter, particularly October and November, has been a period of significant price appreciation for the BONK token. By accumulating tokens now, the Company is positioning its treasury to potentially capitalize on these seasonal market trends.
“This is the flywheel in action, and it’s proving our model from day one,” said Mitchell Rudy (a.k.a. Nom), a BONK core contributor. “We are using a non-dilutive, recurring revenue stream to aggressively accumulate what we believe is a deeply undervalued asset during a market downturn. The BONK ecosystem has historically seen its strongest performance in the fourth quarter, and we are strategically positioning our treasury to capitalize on that. Our goal of reaching
“Our strategy is executing exactly as planned,” said Jarrett Boon, CEO of Safety Shot. “Receiving our first revenue share and immediately putting it to work demonstrates the power and efficiency of this accretive model. With a debt-free balance sheet and a clear plan, we have the flexibility to be opportunistic and build our treasury in a way that directly strengthens our balance sheet and benefits our investors.”
This approach allows Safety Shot to systematically grow its digital asset treasury using non-dilutive, operational revenue, creating a powerful flywheel for shareholder value.
About Safety Shot, Inc. Safety Shot, Inc. (Nasdaq: SHOT), is a Company evolving bridge the gap between traditional public markets and the digital asset ecosystem. Following its strategic integration with letsBONK.fun, the Company is executing a new strategy focused on acquiring revenue-generating assets within the DeFi space to build a robust treasury of digital assets. The Company’s beverage division holds the patented Sure Shot beverage, designed to rapidly reduce blood alcohol content as well as Yerbaé’s plant-based, energy beverage.
Investor Relations: Phone: 561-244-7100 Email: investors@drinksafetyshot.com
Forward-Looking Statements: This press release contains forward-looking statements. Such statements are subject to risks and uncertainties, many of which are outside of the Company’s control, and actual results could differ materially. Factors that could cause or contribute to such differences include, but are not limited to, the performance of BONK tokens, the successful integration and operational success with letsBONK.fun, the ability to execute on the Company’s treasury strategy, and other risks detailed in Safety Shot’s filings with the Securities and Exchange Commission.