Nasdaq-listed firm slumps 50% on BONK memecoin treasury play
Wellness drinks maker Safety Shot made a bold shift into a memecoin treasury strategy, but shareholders were not impressed.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Wellness drinks maker Safety Shot made a bold shift into a memecoin treasury strategy, but shareholders were not impressed.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Firms pivot to AI as cryptocurrency treasury stocks collapse
The shift from cryptocurrency to AI highlights the volatility of digital assets and the urgent need for diversified corporate stra...
Metaplanet surpasses 10,000 BTC, overtakes Coinbase treasury as Japanese firm targets 210,000 by 2027
Japanese firm Metaplanet surpasses 10,000 BTC, overtaking Coinbase, with $210M zero-interest bonds and a 210,000 BTC target by 202...
Crypto treasury firms pivot to AI to regain investor interest, and it’s not working
The pivot to AI by crypto treasury firms highlights the challenges of sustaining investor interest without solid business fundamen...
Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers
Nasdaq-listed Bitcoin treasury company Empery Digital has added a completed AI-infrastructure investment to its strategy, closing...
Metaplanet hits 10,000 BTC milestone, overtakes Coinbase treasury with $117 million purchase
Japanese firm Metaplanet bought 1,112 BTC for $117m, reaching 10,000 BTC and surpassing Coinbase. Stock rallied 22% as it targets...
Metaplanet crosses 10,000 BTC threshold, overtakes Coinbase to become seventh-largest public Bitcoin treasury holder
Japanese firm Metaplanet surpasses Coinbase with 10,000 BTC holdings, targeting 210,000 BTC by 2027. Stock surges 22% on Tokyo Sto...