No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, September 14, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

This Penny Stock Is Betting Big on Meme Crypto BONK. Should You Buy SHOT Shares Here?

by TheAdviserMagazine
3 weeks ago
in Business
Reading Time: 3 mins read
A A
This Penny Stock Is Betting Big on Meme Crypto BONK. Should You Buy SHOT Shares Here?
Share on FacebookShare on TwitterShare on LInkedIn


Safety Shot (SHOT) has made a bold move into cryptocurrency by allocating $25 million to BONK (BONK), the fifth-largest memecoin with a market cap of over $2 billion. Last week, the Nasdaq-listed company the creation of a corporate BONK treasury, receiving $25 million in tokens through a strategic alliance with BONK founding contributors, while issuing $35 million in convertible preferred shares as consideration.

This positions Safety Shot among an increasing number of companies adopting altcoin treasury strategies beyond Bitcoin (BTCUSD). Recent corporate moves include Bit Origin (BTOG) arranging $500 million for Dogecoin (DOGEUSD) accumulation and SharpLink Gaming (SBET) disclosing nearly 600,000 in Ethereum (ETHUSD) holdings. Safety Shot CEO Jarrett Boon called it “the first stage of a much broader corporate evolution for our company” and a bold step into digital assets.

www.barchart.com

Safety Shot chose BONK for its Solana (SOLUSD) blockchain foundation, citing high-speed, low-cost transaction capabilities that provide advantages over Ethereum-based competitors like Shiba Inu (SHIBUSD) and Pepe (PEPE), which wrestle with network congestion and elevated fees.

Notably, Safety Shot’s core business focuses on beverages designed to reduce blood alcohol content, generating revenue through direct-to-consumer sales and retail partnerships. While the company has over $15 million in cash reserves, this crypto pivot represents a dramatic shift from its healthcare-focused mission. Though corporate crypto adoption is accelerating, investors should carefully consider whether this speculative bet aligns with their risk tolerance before purchasing SHOT shares.

Safety Shot presents substantial risks for potential investors, even as recent clinical trials showed significant blood alcohol content (BAC) reduction. As of June 2025, Safety Shot held just $466,791 in cash with negative working capital of $3.0 million, raising substantial doubt about its ability to continue as a going concern. This financial distress follows years of mounting research and development expenses, including $1.6 million in 2023 alone, while generating minimal revenue since launching its Sure Shot supplement in December 2023.

La historia continúa

The regulatory landscape poses additional risks. While Safety Shot’s 28 ingredients are generally regarded as safe (GRAS), the FDA does not pre-approve dietary supplements, creating regulatory uncertainties. The company operates in a highly regulated space, where claims about alcohol metabolism could attract scrutiny from health authorities.

Moreover, market acceptance remains questionable. Despite clinical trials involving 36 participants showing BAC reduction within 30 minutes, the study revealed notable adverse events, including nausea and rash development. Safety Shot’s informal pre-clinical testing with “friends, family and volunteers” lacks scientific rigor compared to peer-reviewed studies.

Safety Shot’s recent $25 million BONK cryptocurrency allocation adds speculative risk unrelated to its core beverage business. This volatile investment could further strain already limited resources.

The company’s transformation from Jupiter Wellness to Safety Shot, combined with the June 2025 Yerbaé acquisition, suggests management is still searching for a viable business model. With only eight full-time employees and dependence on e-commerce and retail partnerships, Safety Shot faces execution risks in scaling operations while managing mounting losses.

On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com



Source link

Tags: BettingbigBonkBuyCryptoMemePennysharesshotstock
ShareTweetShare
Previous Post

Why Are Adult Children Being Penalized for Caring for Their Parents at Home?

Next Post

INTU Earnings: Intuit Q4 earnings rise on higher revenues, beat estimates

Related Posts

edit post
HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

by TheAdviserMagazine
September 13, 2025
0

HP Inc. (NYSE:HPQ) is one of the AI Stocks on Wall Street’s Radar. On September 10, Evercore ISI analyst Amit Daryanani downgraded...

edit post
‘The era of Fed independence would be over,’ Cook’s lawyers warn

‘The era of Fed independence would be over,’ Cook’s lawyers warn

by TheAdviserMagazine
September 13, 2025
0

Federal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump administration’s latest bid to remove her...

edit post
Rubio says Trump is ‘not happy’ about Israel’s strike on U.S. ally Qatar targeting Hamas operatives

Rubio says Trump is ‘not happy’ about Israel’s strike on U.S. ally Qatar targeting Hamas operatives

by TheAdviserMagazine
September 13, 2025
0

U.S. Secretary of State Marco Rubio says he will be seeking answers from Israeli officials about how they see the way forward...

edit post
Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

by TheAdviserMagazine
September 13, 2025
0

Hours after the assassination of conservative activist Charlie Kirk, FBI Director Kash Patel declared online that “the subject” in the killing...

edit post
Robinhood CEO says just like every company became a tech company, every company will become an AI company

Robinhood CEO says just like every company became a tech company, every company will become an AI company

by TheAdviserMagazine
September 13, 2025
0

Earlier advances in software, cloud, and mobile capabilities forced nearly every business—from retail giants to steel manufacturers—to invest in digital...

edit post
5 Ways To Make K a Year in Passive Income

5 Ways To Make $50K a Year in Passive Income

by TheAdviserMagazine
September 13, 2025
0

Passive income is better than any side hustle because the money comes to you without you having to put much...

Next Post
edit post
INTU Earnings: Intuit Q4 earnings rise on higher revenues, beat estimates

INTU Earnings: Intuit Q4 earnings rise on higher revenues, beat estimates

edit post
Loans for Canadians with bad credit: How to improve your score

Loans for Canadians with bad credit: How to improve your score

  • Trending
  • Comments
  • Latest
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

0
edit post
What Is a Legal Tech Audit? How to Evaluate Your Law Firm’s Technology

What Is a Legal Tech Audit? How to Evaluate Your Law Firm’s Technology

0
edit post
The Urgency for Outreach to Shy College Students – Faculty Focus

The Urgency for Outreach to Shy College Students – Faculty Focus

0
edit post
The Costs and Choices of Kiki’s Delivery Service

The Costs and Choices of Kiki’s Delivery Service

0
edit post
Rabby Wallet integrates XRPL EVM chain with Peersyst

Rabby Wallet integrates XRPL EVM chain with Peersyst

0
edit post
8 Data-Broker Opt-Outs That Protect Your Finances Fast

8 Data-Broker Opt-Outs That Protect Your Finances Fast

0
edit post
Pundit Reveals Where Bitcoin’s True Strength Lies – Here’s What It Is

Pundit Reveals Where Bitcoin’s True Strength Lies – Here’s What It Is

September 13, 2025
edit post
HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside

September 13, 2025
edit post
‘The era of Fed independence would be over,’ Cook’s lawyers warn

‘The era of Fed independence would be over,’ Cook’s lawyers warn

September 13, 2025
edit post
Rubio says Trump is ‘not happy’ about Israel’s strike on U.S. ally Qatar targeting Hamas operatives

Rubio says Trump is ‘not happy’ about Israel’s strike on U.S. ally Qatar targeting Hamas operatives

September 13, 2025
edit post
Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

Charlie Kirk assassination: FBI director angrily vented about perceived failure to keep him informed

September 13, 2025
edit post
Michael Saylor Credits Bitcoin for Strategy’s Outperformance

Michael Saylor Credits Bitcoin for Strategy’s Outperformance

September 13, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Pundit Reveals Where Bitcoin’s True Strength Lies – Here’s What It Is
  • HP Inc. (HPQ) Downgraded to “In Line” as Analysts See Limited Upside
  • ‘The era of Fed independence would be over,’ Cook’s lawyers warn
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.