# 📊 The Expansion of Corporate Treasuries Beyond Bitcoin

Mill City Ventures has just announced a $450 million investment in SUI, joining the growing trend of public companies diversifying their cryptocurrency holdings beyond Bitcoin. While MicroStrategy has been a pioneer in this approach with Bitcoin, companies are now adding SUI, BNB, SOL, ETH, and XRP to their balance sheets.$ETH

## Key Points:$BNB

1. Mill City (MCVT) shares rose 270% over five days following the announcement

2. Major cryptocurrency investors such as Galaxy Digital and Pantera Capital participated in the round

3. SUI is currently trading around $4.07, showing a recent downward movement

4. Companies are increasingly using cryptocurrency treasuries to boost stock prices

## Market Impact:

Looking at recent price data, SUI has dropped from $4.32 to $3.96 over the past day, which may reflect some profit-taking following the news. Meanwhile, Bitcoin has remained relatively stable around $118,000.

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