Mill City Q2 quarterly results: holds a total of 81.87 million SUIs, all of which have been pledged
TechFlame
2025-08-15 00:26
TechFlame2025-08-15 00:26
English
TechFlame reports that Mill City Ventures III, Ltd. (NASDAQ: MCVT) today released financial results for the second quarter of 2025. The company's total investment revenue for the second quarter increased 7% year over year to $94.8 million, and operating expenses fell to $31.6 million.
The company launched the first SUI treasury strategy supported by the foundation on July 31 to obtain SUI tokens through open market purchases and agreements with the Sui Foundation. As of August 10, the company held 81.87 million SUI tokens, all of which are currently pledged, with a daily revenue of about $26,000.