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Zhitong
2025.08.15 11:15

BlockBeats news on August 15th, SUI Treasury Management Company Mill City disclosed its second-quarter financial report. Q2 total investment income increased by 7% year-on-year to USD 948,000, and operating expenses decreased to USD 316,000. It holds a total of 81.87 million SUI, all of which have been staked.

On August 1st, Mill City Ventures III announced plans to repurchase up to USD 500 million worth of SUI tokens. Previously, the company had reached an equity financing agreement with A.G.P./Alliance Global Partners, allowing it to sell common stock to fund its cryptocurrency asset treasury strategy. Mill City has spent approximately USD 277 million to purchase over 76 million SUI tokens, and this transaction occurred after Mill City officially established itself as the treasury management entity for Sui and completed a USD 450 million private placement financing

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