The post Mill City Ventures’ $316m SUI treasury play signals tactical Layer 1 positioning appeared on BitcoinEthereumNews.com.

Fresh off a $20 million purchase, Mill City Ventures has hundreds of millions more ready to deploy. With nearly all 81.8 million tokens staked for yield and a direct line to discounted supply, the Nasdaq-listed firm appears to be executing a calculated strategy in the Layer 1 landscape. Summary Mill City Ventures boosts SUI holdings to $316M after $20M discounted purchase, staking nearly all for yield. Unique Sui Foundation deal and millions in liquid reserves position firm for high-stakes Layer 1 allocation plan. On August 11, Mill City Ventures disclosed the acquisition of 5.6 million SUI tokens at an average price of $3.65, bringing its total holdings to 81.87 million SUI valued at $316 million as of Sunday, August 10. The purchase, executed slightly below Sunday’s market price of $3.80-$3.90, leveraged the firm’s unique arrangement with the Sui Foundation while maintaining $126 million in liquid reserves for future allocations. The Nasdaq-listed firm confirmed that almost all of these tokens are staked, generating a steady yield. Inside Mill City’s SUI accumulation strategy Mill City Ventures’ aggressive SUI accumulation and pivot from specialty lending to a digital asset treasury began in earnest earlier last month, culminating in a $450 million private placement that established it as Sui’s de facto institutional vehicle. The latest $20 million purchase, executed at a 4-6% discount to market, is part of a broader $500 million allocation plan funded through an equity line agreement, signaling a structured capital deployment. The math behind the strategy is revealing. With nearly 81.87 million SUI staked, Mill City Ventures claims to generate roughly $26,000 in daily staking rewards, which could translate to about $9.5 million annually at current yield rate of approximately 3%. The long-game advantage and its risks Mill City’s approach mirrors a playbook more common in private crypto funds than…

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Filed under: News - @ August 12, 2025 5:23 am