Safety Shot acquires 10% revenue sharing interest in BONK.fun

Safety Shot (SHOT) acquired a 10% revenue sharing interest in the profitable launchpad, BONK.fun. This valuable revenue sharing interest, along with an initial $25 million in BONK tokens, was the primary consideration for the preferred stock transaction announced yesterday. In a landmark move that signals a full alignment of interests, members of the BONK founding core group, including Mitchell Rudy, will be appointed to the Safety Shot Board of Directors, constituting 50% of the board seats. Further solidifying its commitment to this new direction, Safety Shot also announced it has reserved the ticker symbol “BNKK” with Nasdaq. BONK.fun is a decentralized platform on the Solana blockchain that allows anyone to instantly create and launch new meme coins without needing any coding expertise. It has experienced explosive growth since its launch in April 2025, rapidly becoming a dominant player in its sector. The platform is deeply integrated with the BONK ecosystem. A portion of the revenue it generates is used to buy back and burn BONK tokens on the open market. This creates constant buying pressure and reduces the supply of BONK, which is designed to increase its value and strengthen the entire ecosystem, which in turn drives more activity back to the BONK.fun platform.