Bonk, Inc. Acquires 51% Revenue Interest to Boost BONK Accumulation

Bonk, Inc. has acquired a 51% revenue interest in Bonk.fun, valued at $30 million, to enhance its strategy of holding 5% of the global BONK supply. This initiative aims to establish the company as a leading institutional holder of BONK digital assets.

The newly acquired revenue stream serves as a strategic accelerator, enabling Bonk, Inc. to purchase and retain BONK assets at scale. This move is facilitated by the platform's ability to generate significant liquidity during favorable market conditions.

To support this strategy, Bonk, Inc. plans to introduce two new products by December's end. These products are designed to integrate with the BONK ecosystem, creating additional revenue streams to expedite the accumulation strategy.

Board Director Mitchell Rudy emphasized the potential of Bonk, Inc. to become a key player in the BONK ecosystem, leveraging the acquisition to build a substantial and enduring presence in digital asset growth.