Mill City purchased 76.3 million SUI after completing a $450 million private sale.

[Mill City purchased 76.3 million SUI after completing a $450 million private sale] Mill City Ventures III has officially established the Sui treasury, a move that follows the completion of the $450 million private sale financing. Mill City currently holds a total of 76,271,187 SUI in the treasury, with an average purchase price of $3.6389 per SUI, which includes the initial purchase made through an over-the-counter agreement signed with the Sui Foundation. This company, focused on short-term non-bank loans and special financial services, will continue to provide loan and structured financing solutions, and will use approximately 98% of the net proceeds from private sale issuances for SUI acquisitions and reserve management. This issuance attracted participation from Big Brain Holdings, Galaxy Digital, as well as investments from institutions such as Pantera Capital, M2, Electric Capital, and GSR.