Safety Shot’s Stock Crashes 50% After $25M BONK Memecoin Bet
Shares of Safety Shot, a Nasdaq-listed wellness beverage maker, plunged by about 50% after the company revealed a major shift in its financial strategy, investing $25 million of its treasury into BONK, a Solana-based memecoin. The move is part of a new partnership with BONK’s founding team, aimed at integrating the company deeper into the […]