Traditional Beverage Company Safety Shot Enters Crypto with $25M BONK Treasury Strategy

Safety Shot, the company behind Yerbaé’s plant-based beverage designed to reduce blood alcohol content, has made its debut in the crypto market through a strategic partnership with BONK founding contributors.

The collaboration includes an initial allocation of $25 million in BONK tokens as part of a comprehensive BONK treasury initiative.

A recent press statement reveals that Safety Shot is positioning itself for this treasury approach by first resolving all pending debt obligations while maintaining a robust balance sheet exceeding $15 million in cash reserves.

The company plans to issue Preferred Shares valued at $35 million, which will be...

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