New BONK Treasury Targets Up to $115 Million in Solana Meme Coin by Year-end

Security Shot Inc.Healthy drinks, should get $ 25 million Erupt from the founder of the associate Saltworks Meme coin. By the end of the year, the company aims to get up to $ 115 million worth of Solana Meme coin.

It’s the last in a long series of public trading companies Create a cash registerFirst starting with Bitcoin and, more recently, spreads on the edges of the industry.

Trademark traded under a shot, Wellness Company overthrew 92% from its maximum of all time of $ 8.88 at the beginning of 2021. At only $ 0.6883, they state TraditionView. He currently has a market capitalization of $ 82.7 million. For comparison, Bonk -las market cap is above $ 2 billion.

The move will see how associates in the founding of Bonk “deeply integrated” into the safety company. This includes a pseudonym core associate Nomwho will join security shooting in strategic capacity to help in accumulation of BONK, as well as counseling on how to work on a chain. The exact details of this arrangement should be announced.

“Since Bonk -ov’s initial Airdrop, many investors, traditional companies or” investment “funds in Bonk has no funds or an affordable way that is not held by Native Token,” Nom said Decipher. “This is a way to be exposed to many exposed in traditional accounts. This acts as a further step towards the approval in the accepted regulatory framework, fixing the diverse set of token owners and will act as a basic part of Bonk as an investment asset for the future.”

After FTX crashed in November 2022, Solana was in a terrible state because of PUBLIC SUPPORT BLOCKCHAIN I BANKMAN-FRED. In the middle of the wreck, the group decided to create Bonk as “coin in the community“Airdroped to Solane’s programmers and community members around the Christmas time. Many believe that helped save the salt pans From what seemed to be a safe death.

Safety Shot decided to turn to becoming a treasury Treasury Company thanks to its exclusive financial advisor, dominance Securities, llc., Nom said Decipher. They also dominate the securities assisted with formation a Tron Treasury Company. The Nom added that Bonk Treasury was ongoing “months”, and on Monday the announcement of $ 25 million is just the first step.

Trend of Treasury Companies follows the success Strategyearlier Microstrategy, who began to buy Bitcoin 2020. Earlier, the middle company for business intelligence, since then, continued to buy BTC, for which stock supplies have been worth it because Bitcoin has broken up the new all the time.

Seeing this success, several unsuccessful companies adopted the Crypto Treasury Strategy.

Most of all, Sharplink plays was close to being left to be left before he raised $ 425 million to buy Ethereum and brought Consensys CEO and the co-founder of Ethereum Joseph Lubin to his Board of Directors. His stock, Sbet, increased more than 4,340% from $ 2.79 to $ 124.12 at the announcement, but since then 79% fell to $ 25.70 in the coming months, according to data TraditionView.

(Discovering: Consensys is one of 22 investors in the editorial independent decipher.)

AND argument For Ethereum Treasury, ETH can be used to produce yields, and trust a group of experts to get the best yield may be worth the premium you pay. However, he said, this will not be the case with Bonk Rizda security, at least in the beginning.

At this stage, he explained, the company focuses on the acquisition of approximately “4% to 5%” Bonk supply by the end of the year, before exploring the possibilities of yield creation. At today’s prices, this would be Bonk up to $ 115 million.

“There were huge successes like a strategy and [BitMine] These are inspirations for most of these companies, “Nom said.” However, as we go on a series of property list, we need to ensure that the quality is as big as possible and to ensure that these companies do not become future forced sellers. “

As such, he explained, it is expected that the safety recording will announce new channels to create revenue in the future. And, it will need it like in stock Tank 51% in value after the announcement.