#ListedCompaniesAltcoinTreasury SUI Group Holds US$344 Million After Adding 20 Million Tokens**
SUI Group (SUIG), a crypto company listed on Nasdaq, announced that its ownership of SUI tokens has now surpassed US$344 million after adding approximately 20 million new tokens. The total held by the company reached 101.7 million SUI with a value equivalent to US$344 million.
Following this announcement, the price of SUI rose nearly 5% and was traded around US$3.38 per token, before eventually correcting back to US$3.34. This surge strengthened the company's portfolio value.
"We plan to continue seeking profitable funding to buy locked SUI at discounted prices, thereby increasing per-share ownership and providing more value to investors," said SUI Group CIO Stephen Mackintosh.
Previously named Mill City Ventures, the company already has a special agreement with the Sui Foundation to purchase tokens directly at lower prices. SUI Group also still holds cash reserves of around US$58 million for potential additional accumulation.
*Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).*
