Bonk Holdings Makes $32M BONK Purchase, Now Holds 3% of Total Supply

Bonk Holdings Inc. (BNKK) purchased $32 million worth of BONK, marking its most significant acquisition of the Solana-based token to date, and now owns nearly 3% of all BONK tokens.

Arkham Intelligence data shows that Bonk Holdings Inc. recently received 2.26 trillion BONK tokens following the acquisition via FalconX, which now stores them securely with Fireblocks.

The company revealed plans to double its BONK holdings soon, making it the first official BONK Digital Asset Treasury (DAT).

Bonk Holdings Expands into Digital Finance

Bonk Holdings, previously Safety Shot, rebranded on October 10, 2025, adopting the Nasdaq ticker BNKK, is expanding into digital finance.

In August, the firm purchased a 10% stake in BONK.fun, one of the world’s top 10 most profitable decentralised apps, which can launch 20,000 tokens in a day and generate over $100 million in daily trading volume, demonstrating it can generate steady revenue.

Jarrett Boon, the CEO of Bonk Holdings, said he is excited about the company’s plan, noting that it is partnering with a strong, revenue-generating digital asset platform that he believes will deliver long-term value to shareholders.

Additionally, in September, Sharps Technology announced it would stake part of its 2 million SOL in BonkSOL, a liquid staking token supported by Canto Fitzgerald & Co.

BONK Shows Bullish Momentum Amid Growing Institutional Support

A crypto analyst shared on X that BONK has finished its downward move and is now likely to start going up, suggesting prices may rise soon. 

Meanwhile, Tuttle Capital applied to the U.S. Securities and Exchange Commission to launch a Bonk Income Blasts ETF, which would make BONK one of the first meme coins to have its own ETF if approved.

Recent financial actions and new products linked to BONK indicate the token is gaining strength. An analyst said it’s unusual for a meme coin to get this much corporate support, suggesting BONK is changing how large institutions adopt crypto on Solana.