Mill City Ventures Secures $500M Equity Line to Expand SUI Treasury Holdings

Mill City Ventures III, Ltd. has secured a $500 million equity line agreement with A.G.P./Alliance Global Partners to strengthen its digital asset strategy, specifically targeting the sui Network's treasury. The agreement allows Mill City to issue up to $500 million in common stock at its discretion, with proceeds allocated to expanding its SUI token holdings.

The SUI Foundation has matched Mill City's 76 million SUI token purchase, indicating a coordinated treasury strategy. Galaxy Asset Management has been appointed to manage the SUI treasury, providing institutional-grade oversight.

This MOVE highlights growing institutional interest in blockchain-native treasury strategies. The equity line structure offers Mill City flexible, cost-effective capital access as it scales its publicly traded SUI treasury position.