US EditionMill City Ventures Buys $20M in SUI Tokens at Below Market Price
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Mill City Ventures Buys $20M in SUI Tokens at Below Market Price
Mill City Ventures (MCVT), the main digital asset treasury for the SUI blockchain, has made another major move to grow its collection The post Mill City Ventures Buys $20M in SUI Tokens at Below Market Price appeared first on TheCoinrise.com.
SUI Treasury Manager Buys Millions More Tokens at Discount
Mill City Ventures disclosed, that it recently secured more than 5.6 million SUI tokens for roughly $20 million — paying $3.65 each, slightly under the trading price at the time. This latest acquisition pushes the firm’s holdings to nearly 81.9 million tokens, a substantial portion of SUI’s circulating supply. The Layer 1 blockchain, developed by Mysten Labs and powered by the Move programming language, currently commands a market value of more …
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