When you and some of your bros all buy Snuggies and sit awkwardly close to eachother on a couch while watching a movie.
Harry Crapper: Hey man, brosnuggle this weekend at my house, you goin?
Jon: FOR SURE MAN I JUST BOUGHT A NEW SNUGGIE YESTERDAY
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When you and another bro snuggle together, usually on a couch or floor. However, it is rare for two straight bros to brosnuggle on a bed. It is just courtesy. It is a less common but true sign of a true bromance.
Bro 1: Broski I'm cold, we should brosnuggle.
Bro 2: Good idea Broseph, it's really cold.