Safety Shot Stock Soars 12.36% on BONK Memecoin Investment

Generado por agente de IAAinvest Pre-Market Radar
miércoles, 13 de agosto de 2025, 8:01 am ET1 min de lectura
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On August 13, 2025, Safety Shot's stock surged by 12.36% in pre-market trading, marking a significant rise in investor interest and confidence in the company's recent strategic moves.

Safety Shot has made a substantial investment of $25 million in BONK Memecoin, acquiring a 10% revenue stake in BONK.fun, a leading SolanaSOL-- memecoin launchpad. This investment is part of Safety Shot's broader strategy to integrate Solana-based assets into its treasury, aiming to capitalize on the growing memecoin market.

Despite the significant investment, Safety Shot's stock experienced a 50% slide following the announcement. This drop can be attributed to investor concerns over the volatility and risks associated with the memecoin market, as well as the substantial financial commitment made by the company.

Safety Shot's decision to allocate $25 million in BONK tokens through a $35 million convertible share deal highlights its commitment to diversifying its investment portfolio and exploring new opportunities in the cryptocurrency space. The company's move to establish a BONK corporate treasury further underscores its long-term strategy to leverage the potential of Solana-based assets.

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