Summary
- Mill City Ventures has reportedly acquired additional $20 million worth of Sui (SUI) at a slight discount to market price.
- Mill City announced that it secured 56,006,07 SUI at an average price of $3.65 through a token purchase agreement with the Sui Foundation.
- Mill City's Chief Investment Officer stated that they plan to purchase some SUI in the open market as well.
Non-bank lending and specialty finance company Mill City Ventures acquired an additional $20 million worth of Sui (SUI) at a slight discount to market price.
According to cryptocurrency-focused media outlet The Block on the 11th (local time), Mill City, which signed a token purchase agreement with the Sui Foundation, secured 56,006,07 SUI at an average price of $3.65.
Mill City's Chief Investment Officer stated that the company also plans to purchase some SUI in the open market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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