Nasdaq-Listed Bonk Holdings Buys $32 Million Worth of BONK Tokens!

Jakarta, Pintu News – Bonk Holdings Inc (BNKK) has made its first major acquisition by purchasing Bonk (BONK) for $32 million. This is the largest Solana-based token purchase ever made by the company.

Today, the Nasdaq-listed company owns nearly 3% of the total BONK token supply.

Bonk Holdings Makes $32 Million Treasury Move

According to data from Arkham Intelligence, Bonk Holdings Inc. recently received 2.26 trillion BONK tokens, valued at approximately $32 million. The purchase was made through crypto broker FalconX, and the assets are now safely stored using the Fireblocks custodian platform.

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The BONK tokens are secured in Solana Squad’s Multisig wallet, which provides a multi-signature control system as well as transparency to institutional standards.

The company also revealed plans to double its token holdings in the near future. This acquisition makes Bonk Holdings the first company to officially establish a Digital Asset Treasury (DAT) for the BONK token.

Formerly known as Safety Shot, Bonk Holdings was originally engaged in the functional beverage industry. But now, the company is expanding into the digital finance sector. In August, Bonk Holdings has acquired 10% of the profit-sharing rights of the BONK.fun platform.

The BONK.fun platform is included in the list of the 10 most profitable decentralized applications in the world. At the peak of its activity, the platform recorded the launch of up to 20,000 tokens in a day and a daily trading volume that exceeded $100 million. These figures show the great potential of BONK.fun in generating stable income.

Bonk Holdings CEO, Jarrett Boon, expressed optimism about the company’s strategic direction.

“We are aligning our public company with a high-income leader in the digital asset sector. We believe this model will create significant long-term value for shareholders,” he said.

Safety Shot officially changed its name to Bonk Holdings Inc. and adopted the BNKK stock code on Nasdaq on October 10, 2025. This name change follows a series of institutional collaborations relating to the BONK meme token.

In September, Sharps Technology also announced that it would stake a portion of its 2 million SOL tokens into BonkSOL, the liquid staking token (LST) of the BONK platform, backed by Cantor Fitzgerald & Co.

Analyst Predicts Price Increase for BONK Meme Token

A crypto analyst shared his views on X platform, stating that the BONK meme token has completed its downward “order block taps” phase – a technical pattern that often marks the end of a price correction phase.

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He added, “We’ve gone down – now it’s time to go UP,” hinting at a potential bullish trend reversal.

On the other hand, Tuttle Capital has applied to the US Securities and Exchange Commission (SEC) to launch the Bonk Income Blast ETF. If approved, this ETF could be one of the first meme token-based fund products to officially enter the market.

The treasury measures and the presence of institutional financial products linked to BONK show that the token’s fundamentals are getting stronger. One analyst concluded,

“It’s rare for meme tokens to receive this much support from corporations, but BONK may be changing the way institutions view crypto adoption in the Solana ecosystem.”

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinfomania. Bonk Holdings Debuts on Nasdaq with $32 Million in Reserves. Accessed on October 27, 2025
• Coingape. Nasdaq-Listed Bonk Holdings Makes First Major Purchase of $32M, Nears 3% of Total Supply. Accessed on October 27, 2025
• Coinpedia. Nasdaq-Listed Bonk Holdings Establishes First Bonk Digital Asset Treasury. Accessed on October 27, 2025