Due to a BONK Finance Company announcement, SHOT's stock price surged 9.65% in pre-market trading.

BlockBeats News, August 11th, according to rockflow data, the U.S. listed company Safety Shot (SHOT) announced the launch of the BONK Treasury Strategy, causing SHOT to rise by 9.65% in pre-market trading. The company's market value is currently reported at $164 million.

According to HTX market data, BONK surged over 3% in a short period of time and is currently priced at $0.00002688.

BlockBeats previously reported that the U.S. listed company Safety Shot (NASDAQ: SHOT) announced a strategic alliance with the BONK founding contributor, formally entering the decentralized finance (DeFi) field. According to the agreement, the company will receive $25 million worth of BONK tokens and will issue preferred shares convertible to common stock, totaling $35 million in value.