PANews reported on August 11th that Nasdaq -listed company Mill City Ventures purchased 5.6 million SUI tokens from the SUI Foundation at a discounted price of $ 3.65 per token, with the transaction totaling over $ 20 million. Mill City currently holds nearly 81.9 million SUI tokens and plans to earn returns by staking them . The company previously raised $ 450 million in private placements and has secured a maximum purchase quota of $ 500 million. Mill City will dynamically increase its SUI holdings, including from foundations, the secondary market, and other investors.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact
[email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.