Short-term lender Mill City buys 76.3 million SUI after closing $450 million private placement
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最新报道：Mill City Ventures III has established a corporate Sui treasury after closing a $450 million private placement, now holding 76,271,187 SUI tokens acquired at an average price of $3.6389 through OTC deals with the Sui Foundation. The company plans further open-market purchases, positioning itself as the only crypto treasury strategy with official foundation backing. Approximately 98% of net proceeds will fund SUI acquisition and treasury management. Investors include Big Brain Holdings, Galaxy Digital, Pantera Capital, and others. Galaxy CEO Mike Novogratz praised the move as an institutional-grade gateway to digital assets, highlighting Sui's potential as a leading blockchain platform. SUI's price dipped 1.8% to $3.70 at press time.
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