Mill City Ventures Doubles Down on Sui, Investing $316 Million into Ecosystem

Mill City Ventures has significantly bolstered its holdings of the Sui blockchain’s native token, SUI, committing a substantial $316 million. This follows a recent strategic purchase of 5.6 million SUI tokens at a discounted price, bringing their total stake to nearly 82 million. The firm is strategically positioning itself within the growing Layer 1 landscape and capitalizing on potential long-term growth.