AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Bonk, Inc. has acquired a 51% revenue interest in Bonk.fun, valuing the asset at approximately $30 million. The acquisition is non-dilutive and significantly strengthens the company's balance sheet. The platform has demonstrated the ability to generate substantially higher cash flow during periods of heightened market activity, offering upside potential exceeding the current valuation. The company's commitment to acquiring revenue-generating assets within the DeFi space is expected to drive long-term shareholder value.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet