SUI Group raised its holdings to 101.8M tokens worth $344M, with nearly all assets staked for a 2.2% yield.
The company increased SUI per share to 1.14, up from 0.92 in August, supported by discounted purchases from Sui Foundation.
Sui blockchain processed 2.7B transactions in H1 2025, while DeepBook hit $100M in daily trading volume for the first time.
Nasdaq listed SUI Group Holdings Limited, formerly Mill City Ventures, has expanded its position in Sui tokens, crossing the 100 million mark. The company disclosed that it recently acquired 20 million additional tokens, lifting its total treasury to 101,795,656 SUI
Based on Wednesday’s trading value of $3.38 per token, the holdings are worth approximately $344 million. The development comes just weeks after the firm rebranded under its new name and ticker symbol “SUIG” on Nasdaq.
Treasury Growth and Asset Valuation
According to the company, the treasury reached 101.8 million SUI as of September 2, 2025. Using the price of $3.26 on that date, the valuation stood at roughly $332 million. Adjusted for 89.1 million shares outstanding, SUI Group holds about 1.14 tokens per share
This figure increased from 0.92 tokens per share on August 11. Based on SUI’s value, the per-share figure translates to $3.72 compared to $3.54 in August. The company continues to stake nearly all of its holdings, generating an estimated 2.2% annual yield
The daily return from staking currently equals about $20,000, reinforcing the group’s strategy of building yield from its blockchain assets. However, its stock continues to trade above net asset value, with an approximate mNAV ratio of 1.42x.
Strategy and Future Plans
Stephen Mackintosh, Chief Investment Officer of SUI Group, said the company aims to pursue additional discounted token purchases through capital raises. He added that these steps would further expand its token base while growing shareholder value
SUI Group maintains a deal with the Sui Foundation that allows access to tokens at discounted prices. Previously operating as a short term lender, the firm shifted strategy earlier this year by completing a $450 million private placement
This move established it as the official Sui treasury company. The group also reported that it currently holds $58 million in cash, available for future acquisitions.
Sui Ecosystem and Blockchain Developments
Alongside the treasury expansion, the Sui blockchain has shown increasing adoption. In the first half of 2025, its network processed over 2.7 billion transactions. The chain reached more than $1 billion in total value locked, peaking above $2 billion, and $3.4 billion including liquid staking tokens.
Recent collaborations include Alibaba’s AI coding assistant integration, offering code generation, autocomplete, and real time security checks for Sui Move developers. New infrastructure also launched, including Nautilus for offchain compute, SEAL for secure secrets management, and Passkey for device-native authentication. Furthermore, zkLogin introduced Web2 based logins with ephemeral keys.
Sui also recorded 5,000 BTC stored on its network, while DeepBook reached a record $100 million in 24-hour spot volume. Additionally, tokenized gold went live on Sui through Matrixdock’s XAUm product, expanding its real-world asset offerings.
The post SUI Group Surpasses $344M in Holdings After Adding 20M Tokens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
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GateUser-549dbb1b
· 8h ago
to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!! to the mooonnn!!!!
SUI Group Surpasses $344M in Holdings After Adding 20M Tokens
SUI Group raised its holdings to 101.8M tokens worth $344M, with nearly all assets staked for a 2.2% yield.
The company increased SUI per share to 1.14, up from 0.92 in August, supported by discounted purchases from Sui Foundation.
Sui blockchain processed 2.7B transactions in H1 2025, while DeepBook hit $100M in daily trading volume for the first time.
Nasdaq listed SUI Group Holdings Limited, formerly Mill City Ventures, has expanded its position in Sui tokens, crossing the 100 million mark. The company disclosed that it recently acquired 20 million additional tokens, lifting its total treasury to 101,795,656 SUI
Based on Wednesday’s trading value of $3.38 per token, the holdings are worth approximately $344 million. The development comes just weeks after the firm rebranded under its new name and ticker symbol “SUIG” on Nasdaq.
Treasury Growth and Asset Valuation
According to the company, the treasury reached 101.8 million SUI as of September 2, 2025. Using the price of $3.26 on that date, the valuation stood at roughly $332 million. Adjusted for 89.1 million shares outstanding, SUI Group holds about 1.14 tokens per share
This figure increased from 0.92 tokens per share on August 11. Based on SUI’s value, the per-share figure translates to $3.72 compared to $3.54 in August. The company continues to stake nearly all of its holdings, generating an estimated 2.2% annual yield
The daily return from staking currently equals about $20,000, reinforcing the group’s strategy of building yield from its blockchain assets. However, its stock continues to trade above net asset value, with an approximate mNAV ratio of 1.42x.
Strategy and Future Plans
Stephen Mackintosh, Chief Investment Officer of SUI Group, said the company aims to pursue additional discounted token purchases through capital raises. He added that these steps would further expand its token base while growing shareholder value
SUI Group maintains a deal with the Sui Foundation that allows access to tokens at discounted prices. Previously operating as a short term lender, the firm shifted strategy earlier this year by completing a $450 million private placement
This move established it as the official Sui treasury company. The group also reported that it currently holds $58 million in cash, available for future acquisitions.
Sui Ecosystem and Blockchain Developments
Alongside the treasury expansion, the Sui blockchain has shown increasing adoption. In the first half of 2025, its network processed over 2.7 billion transactions. The chain reached more than $1 billion in total value locked, peaking above $2 billion, and $3.4 billion including liquid staking tokens.
Recent collaborations include Alibaba’s AI coding assistant integration, offering code generation, autocomplete, and real time security checks for Sui Move developers. New infrastructure also launched, including Nautilus for offchain compute, SEAL for secure secrets management, and Passkey for device-native authentication. Furthermore, zkLogin introduced Web2 based logins with ephemeral keys.
Sui also recorded 5,000 BTC stored on its network, while DeepBook reached a record $100 million in 24-hour spot volume. Additionally, tokenized gold went live on Sui through Matrixdock’s XAUm product, expanding its real-world asset offerings.
The post SUI Group Surpasses $344M in Holdings After Adding 20M Tokens appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.