Safety Shot announced the creation of a corporateBONKtreasury, receiving $25 million in tokens. The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation. The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin treasury strategies beyond traditional Bitcoin holdings.

Safety Shot announced the creation of a corporateBONKtreasury, receiving $25 million in tokens. The Nasdaq-listed company issued $35 million in convertible preferred shares as consideration for the allocation. The arrangement positions Safety Shot among a growing cohort of public companies adopting altcoin treasury strategies beyond traditional Bitcoin holdings.

Source: https://cryptoslate.com/safety-shot-establishes-bonk-corporate-treasury-with-25-million-token-allocation/