on Bonk, Inc. (NASDAQ:BNKK)
Bonk, Inc. Acquires 51% Stake in $30M Valued Asset to Enhance Revenue
Bonk, Inc. (Nasdaq: BNKK) announced acquiring an additional 41% revenue interest in Bonk.fun, bringing its stake to 51%. This move solidifies its leadership within the BONK ecosystem, with the platform valued at approximately $30 million.
The transaction means Bonk, Inc. now holds a majority revenue interest, an increase from an initial 10%. The agreement provides economic benefits without immediate cash outlay or equity issuance. Bonk.fun benefits from recurring revenue streams such as launch fees and secondary market participation.
CEO Jarrett Boon emphasized the strategic shift from a passive to a primary beneficiary, enabling Bonk, Inc. to capture more fees and strengthen its revenue base. Future steps include integration with Bonk.fun and launching growth initiatives.
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