PANews August 11 news, according to The Block report, Nasdaq-listed company Mill City Ventures purchased 5.6 million SUI from the SUI Foundation at an average price of $3.65 per coin, with a total transaction amount exceeding $20 million. Mill City currently holds nearly 81.9 million SUI and plans to earn returns by staking SUI. The company previously raised $450 million through private placements and obtained a maximum additional purchase limit of $500 million, and will dynamically increase its holdings of SUI, including purchases from the foundation, secondary market, and other investors.
