Safety Shot Inc. announced a strategic alliance with BONK's founding contributors and entered the DeFi market by exchanging $25 million in BONK for $35 million in preferred shares.
Safety Shot and BONK Partnership
On August 11, 2025, Safety Shot Inc. announced a partnership with one of the contributors to the BONK token. In the exchange, the company will receive tokens worth $25 million in exchange for issuing preferred shares worth $35 million, allowing it to enter the DeFi market.
Token and Market Data
According to CoinMarketCap data as of August 11, 2025, BONK's market capitalization is approximately $2.07 billion. The token experienced a 3.09% decrease over the last 24 hours and a 3.49% decline over the last week, although it posted a 58.43% increase over 60 days.
Historical Strategy Examples
This decision by Safety Shot mirrors historical corporate treasury strategies, similar to those seen in Tesla's integration of Bitcoin in 2021. Experts from the Coincu research team highlight the potential advantages and risks associated with such strategies, while noting the impact treasury shifts can have on market perceptions and company valuations.
Safety Shot Inc.'s entry into the DeFi market through the swap of BONK tokens emphasizes the growing significance of digital assets and their integration into corporate financial structures, which could impact the market as a whole.
