Mill City Ventures III, Ltd. Announces $450,000,000 Private Placement to Initiate Sui Treasury Strategy
<p><span><strong>Wayzata, United States / Minnesota, July 28th, 2025, Chainwire</strong></span></p>
| Ticker |
MCVT
|
| CIK | 0001425355 |
| SIC | 6153 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Banking |
| Industry Group | Business Credit Institutions |
| Address | 1907 WAYZATA BOULEVARD, SUITE 205, WAYZATA, MN, 55391 |
| Website | millcityventures3.com |
| Phone | (952) 479-1923 |
| CEO | Douglas M. Polinsky |
| Employees | 2 |
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Mill City Ventures III, Ltd. Announces $450,000,000 Private Placement to Initiate Sui Treasury Strategy<p><span><strong>Wayzata, United States / Minnesota, July 28th, 2025, Chainwire</strong></span></p> SUI Joins Bitcoin, Ethereum With Its Own Treasury Company: Look Who's Building A $450 Million ReserveMill City Ventures III, Ltd. (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced a $450 million private placement to adopt a Sui (CRYPTO: SUI) treasury strategy, marking a significant shift toward blockchain investment. The company will allocate 98% of the net proceeds to acquire SUI tokens, the native cryptocurrency of the Sui blockchain, positioning itself as the sole SUI treasury supported by the Sui Foundation. The private placement involves the sale of 83,025,830 share Finance Firm Mill City Ventures to Buy $441M in SUI Tokens, Pivoting to Crypto Treasury StrategyThe non-bank lender will allocate nearly all of a $450 million private placement to Sui’s native token Mill City Ventures III, Ltd. Increases Yield on $2.5M Credit Facility and Originates New $400K High-Yield LoanWAYZATA, MN / ACCESS Newswire / July 7, 2025 / Mill City Ventures III, Ltd. ("Mill City") (NASDAQ:MCVT), a non-bank lender and specialty finance company, announced today it has amended a $2.5 million credit facility by increasing the interest rate ... |