Mill City Ventures’ SUI Strategy: A Look into the Future of Crypto Treasuries
Mill City Ventures just did something wild. They went all in on a SUI treasury strategy, and the market’s buzzing about it. They’re the first public company to dive into SUI tokens, and it’s got everyone wondering what this could mean for crypto treasuries moving forward.
The SUI Strategy Explained
These guys are raising $500 million to fund their SUI treasury strategy. They already dropped a whopping $450 million on SUI tokens. That’s a lot of cash for a company to just throw around, right? They bought 76.2 million SUI tokens, worth around $276 million, all to get on the Sui network, which is geared towards AI and gaming applications.
Institutional Backing: The Game Changer
The institutional backing is a big deal. With names like…
